Virtual Debit Card
Virtual Debit Card
Author
Discussion

Greenmantle

Original Poster:

1,968 posts

132 months

Wednesday 11th February
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

91,478 posts

289 months

Wednesday 11th February
quotequote all
What's wrong with an actual debit card?

alangla

6,318 posts

205 months

Wednesday 11th February
quotequote all
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

91,478 posts

289 months

Wednesday 11th February
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

6,318 posts

205 months

Wednesday 11th February
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:

1,968 posts

132 months

Thursday 12th February
quotequote all
So my cloud account registered my virtual debit card OK but the company only excepts credit cards for their services.
How crap.