Inclusion of plastic money as Credit Card / Debit Card speeds up financial activity. Dependency to pay or accept money through these gateway consolidates day by day.
As much as we follow these facility risk factor of misusing grows constantly. More and more cases of fraudulent related to Credit Card uses has surfaced. To avoid such cases and be on safer side solution of Virtual Credit Card (VCC) has been floated.
What is Virtual Credit Card (VCC)
Virtual Credit Card (VCC) is known as temporary credit card. It has not any materialistic existence and can be used only Once. Validity of this card will be lasted usually after 24 hours, in not using cases. SBI and Private sector Banking Union like HDFC, ICICI, Kotak Mahindra, Axis Bank are availing the facility of Virtual Credit Card. Accounts holder of above Banking union may create their respective Virtual Card on web page of concerned bank.
How it protects VCC from misusing
At the time of Creation of VCC specific amount of credit information to be asked. As per needs user put amount in appropriate box then after websites stores users information and granted transaction for the same. Mentioning above that validity of VCC doesn’t allow more timing so does risk fact reduce drastically.
How to get VCC
Private Banking unit as ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank besides of State Bank of India are in the same deck to generate VCC facility to their esteemed users. Persons having accounts in these bank are liable to get Virtual Credit Card facility.
State Bank of India (SBI), the lone banking unit of Govt. Sector, is offering to create Virtual Credit Card (VCC) on its own. What to do is a big question in the way of generating VCC Card? Accounts holder of SBI may follow sequential steps to get is easily:
- Log on to SBI Website
- Choose Online Banking option and login this web page.
- Select e-Cards option from menu bar
- Now, fill amount of Credit Limit
- Finally click on Generate button
Users having accounts in HDFC Bank may create a limited number of Virtual Credit Card in each day. All such persons looking to create VCC Card have to register them self for HDFC Netsafe Card. After registration you may start creating VCC cards. Successive steps could enable you to get Virtual Credit Card of HDFC Bank.
- Log on to HDFC Bank website
- Click Netsafe Option
- After then Click Login button
- Put details of Credit Card / Debit Card and assign credit details.
Accounts holder of ICICI Bank may access their VCC cards after login into their Net banking accounts. Then after create an add on Visa Card to experience the facility of VCC Cards.
Persons have their accounts in Axis Bank might access facility of creating VCC Cards through option of e-shop. Users will have to register themselves for this service. It is very simple. Follow below mention steps for it: –
- Log on to www.axisbank.com
- Select e-Shop option and click to register and follow two-step registration procedure
- After then Put details of Credit Card Number and Credit amount
Those using service of Kotak Mahindra Bank can also get VCC Card. VCC Card service is known here as [email protected] Follow successive steps and make your Virtual Credit Card of Kotak Mahindra Bank:
- Open website of Kotak Mahindra Bank
- Select Net Banking Option and make login
- Click onto ‘[email protected]’ tab
- Also click on Generate Card
- Select Account and put amount to generate VCC Card of Kotak Mahindra Bank.
Now, you all have the power to avoid online fraudulent cases. More and more banking union are accepting this service to help for better cause of their users. Information related to this will be published here without taking time. Stay here and get tips to move in this techno driving world.