Global Cash is a MasterCard virtual card application site that currently has the lowest application threshold in China, and is also considered by many to be the only site in China where you can still apply for a virtual card. As a result, Global Cash has become the most widely used virtual card application platform in China, with the largest user base and the lowest threshold.
Why do you think the threshold is the lowest?
The reason is that applying for a virtual card on this site doesn’t require money like other virtual card platforms, where you don’t even need identification information or authentication to buy an unlimited number of MasterCard virtual cards. I say unlimited because there is no rule on Global Cash that limits how many virtual cards a user can apply for. However, there is still a prerequisite, because although the Global Cash virtual card application does not require a purchase, you have to recharge $100 into it (the minimum is $300 now) to get the virtual card. That’s not a problem for someone who sincerely wants to use a virtual card, is it!
If we apply for a virtual card, we must use it, so if we want to use it, we must recharge it, right?
I’m going to talk about what you need to prepare and what to look out for when applying for a virtual card.
First, you need a Chinese mobile phone number to register for a Global Cash account, and later you need to log in with it.
Global Cash application website：https://www.globalcash.hk/
Once on the page, follow the instructions in the picture and fill in the cardholder’s name, preferably your own real name, though Global Cash doesn’t require real-name authentication, what if you need to use other advanced features later? Finally, then real-name authentication is still required. After filling in your name, you can also set the currency of your virtual card. At present, the currency of the card can be set to RMB or HKD. Of course, if you want to pay in USD or EUR, you will need to pay a currency conversion fee.
After filling out the information, you can proceed to the next step, where you need to fill out the login password and mobile phone number to log in Global Cash account. The login password is 6 digits, set it up, submit it and then you will be redirected to the online payment page and top up the virtual card.
With a successful recharge, you’ll be able to log on and this time you’ll be able to see your account information, as shown below.
Click on the [Details] button at the top to see your Mastercard VCC information.
For the security of the virtual card, the system does not display the full card number and security code and expiration date by default. To view, the details click on the “Show Full Information” button and enter the 6-digit payment code you used at registration.
At this point, you can use this Mastercard at any Mastercard-enabled merchant. Make your purchase just like you would with a regular credit card. Just enter your card number and security code on the payment page of a Mastercard-enabled website and submit the payment.
In addition, Global Cash, like other virtual card platforms, allows us to obtain a physical card. Having a physical Global Cash card is equivalent to having a Mastercard credit card, except that You can’t overdraw, and all purchases are basically the same except that you have to deposit money in advance.