What is a digital (virtual) card
A digital card is a bank card without a plastic counterpart. It, as a rule, is issued in less than a minute, and all its data - number, expiration date and CVC code - are located in the client's personal account and in the mobile application. In fact, these are separate details with which you can make purchases on the Internet. As soon as you attach the card to the payment system of your smartphone, such as Samsung Pay or Mir Pay, you can use it - pay for purchases in stores and make transactions at an ATM.
Why do you need a virtual card https://wallester.com
The digital card is mainly used for comfortable online shopping. She has an individual account number to which the holder can transfer money from their main account or set a daily spending limit. In addition, it can be downloaded to a mobile wallet (Samsung Pay, Mir Pay, etc.) so as not to carry plastic with you.
The limited amount on the digital card will prevent you from buying a subscription to an online cinema, music service or ecosystem if you forget to cancel after the trial period. The service will simply have nothing to deduct from your virtual account. At the end of 2020, a student from Noginsk spent 320,000 rubles on in-game Bleach: Immortal Soul purchases. His parents sued Google but won out-of-court regulation. Not everyone is so lucky, but problems could have been avoided by issuing a separate digital card for the child, which would allow you to play, but not overdo it with purchases.
The digital card also makes online shopping safe. Due to a separate account, a fraudster who can access the card will only get to the money that is on the virtual account. The main savings of the client will be in another account. Also, if a client cannot resist making a purchase on a suspicious but very interesting site, he can create a digital card specifically for this purchase, and then close it.
Features of digital maps
The only hard restriction for issuing a digital card remotely is the presence of Russian citizenship. Without it, the card can be issued only after visiting the bank office.
Digital cards can be connected to the contactless payment system. Due to current restrictions, digital cards issued by Russian banks cannot be used on Apple phones. If the client has an Android phone, the Mir card can be linked to SberPay, Samsung Pay or Mir Pay payment services. Digital UnionPay can be linked to the Huawei Pay service (works on Chinese Huawei and Honor smartphones). You can use such cards only if your phone has the NFC function, and the payment terminal supports contactless payment.
There is no difference between a digital card and a plastic one; as a rule, a loyalty system with a savings account, cashback and discounts also works on the first one.
Using a virtual card is completely safe, it cannot be lost or copied, so the most important thing for the owner in such a situation is to ensure the security of their mobile device, says Sergey Golovanov, chief expert at Kaspersky Lab. To do this, you need to download only official applications, promptly install updates and use security solutions. It is also extremely important to remain vigilant so as not to fall for the tricks of attackers using social engineering. Fraudsters may try to convince them to give one-time codes or install apps on their phones to access the device remotely, Golovanov warned.
For a digital card, you can issue a separate SMS notification. For example, in VTB they are free for the first three months, and then they cost 49 rubles per month.
Another nuance - if there is a need to withdraw money from a digital card, then this can be done by contacting the bank's cash desk or using an ATM, if such a service function is provided by the bank.
Advantages of a virtual card
A bank client can order a card in a mobile application and issue it in less than a minute. For example, in Alfa-Bank you can open a digital card "in 40 seconds" by providing only your name, date of birth and phone number. True, it will have restrictions on the amount of payments and balance, and no interest will be charged on the balance. All functions are unlocked after signing an agreement with a field representative or at a bank branch. This option will also help out the client if he lives in a locality where there is no bank office. Also, a digital card can replace the main one while it is being reissued.
