Virtual Debit Card
Virtual Debit Card
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Discussion

Greenmantle

Original Poster:

1,940 posts

130 months

Yesterday (19:41)
quotequote all
Just created a virtual debit card on my UK bank normal current account.
Tried to use it for a cloud computing subscription but it rejected it.
There is so much noise when googling (50% only credit cards (physical), 50% say virtual debit cards are fine)
Does anyone have a definitive answer?

Simpo Two

90,961 posts

287 months

Yesterday (21:05)
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What's wrong with an actual debit card?

alangla

6,205 posts

203 months

Yesterday (21:27)
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Simpo Two said:
What's wrong with an actual debit card?
The banks seem to be pushing virtual ones instead of physical for online use. I guess it gives the option to block online transactions from your physical card if you want, meaning if it’s stolen it can only really be used for a limited number of contactless transactions. Also, Amex have launched a virtual credit card which has a rotating CV2 number. That’s presumably far more secure than the fixed one on the physical card. (In saying that, my daughter’s Rooster prepay Visa also has a rotating CV2, only time I’ve seen that on a physical card)

Simpo Two

90,961 posts

287 months

Yesterday (21:38)
quotequote all
alangla said:
Also, Amex have launched a virtual credit card which has a rotating CV2 number. That s presumably far more secure than the fixed one on the physical card. (In saying that, my daughter s Rooster prepay Visa also has a rotating CV2, only time I ve seen that on a physical card)
That's an Enigma Machine feature!

I'll stick with plastic, even if the banks have to make it and use a stamp to post it to me. Maybe that's why they're pushing virtual cards - saves money.

alangla

6,205 posts

203 months

Yesterday (21:53)
quotequote all
Simpo Two said:
That's an Enigma Machine feature!

I'll stick with plastic, even if the banks have to make it and use a stamp to post it to me. Maybe that's why they're pushing virtual cards - saves money.
There is that: virtual card plus phone pay technology of your choice and you can make both in-person and remote transactions without a real card.
I notice that if you want a physical debit card from Klarna you need to pay for it, the virtual one is free. PayPal will send you a free one (from Germany!) though.

Greenmantle

Original Poster:

1,940 posts

130 months

So my cloud account registered my virtual debit card OK but the company only excepts credit cards for their services.
How crap.