You keep hearing all of the excitement around virtual credit cards or e-payable programs. But has anyone actually stopped to explain - what the heck is a virtual credit card number and how does it work? Fret no more! After reading this whitepaper you’ll be the smarty pants at the watercooler and be able to explain it to all of your co-workers. 

Single-Use Virtual Credit Cards…Finally Explained

08.29.16

Single Use Virtual Credit CardsYou keep hearing all of the excitement around virtual credit cards or e-payable programs. But has anyone actually stopped to explain - what the heck is a virtual credit card number and how does it work?

Fret no more! After reading this whitepaper you’ll be the smarty pants at the watercooler and be able to explain it to all of your co-workers.

Here is a teaser  –

A single-use virtual account number is a unique, 16 digit number tied to a single vendor payment and issued for a specific dollar amount. It is designed to be an alternative to a check or ACH payments and can be accepted anywhere the issued card is accepted.

What makes a virtual credit card number particularly useful is that they allow you to set a specific dollar amount and expiration date for each payment, thus emphasizing the protection of your company’s assets and reducing fraud risk.  Bills are securely paid and you can rest easy at night.

Now that we have you hooked, download our full whitepaper, The Ins and Outs of Virtual Credit Cards, to learn more about virtual credit cards and how they can actually earn you money.