IDFC Bank today launched virtual credit card on the visa platform that would safeguard users from online frauds as the cards will not contain any bank account information thereby ensuring that they are not compromised.
The virtual credit card would be linked to the users existing credit card or bank account but allow them to issue separate, random card numbers that are good only for a single transaction or set of transactions, the company said in a statement.
The bank launched the card in association with mobile wallet firm MobiKwik. Users can generate a 16-digit Visa virtual card through the MobiKwik app and use it for e-commerce and online transactions, it said. 7 Credit Cards With Best Rewards And Cash backs In India