What are virtual credit cards and prepaid cards (gift cards) used for?

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What are virtual credit cards and prepaid cards (gift cards) used for?

I often get users who come up to me and ask: Hello boss! What’s the point of opening these virtual credit cards? Why are you researching these virtual cards? So I took the time to summarize some of the uses I’ve heard of.

The main reason for the emergence of virtual and prepaid credit cards is to reduce the risk of online payments and to enable rational spending. But the issuer apparently underestimated the ingenuity of the vast number of netizens, who researched all sorts of uses for it.

Buy VPS, register various servers for trial

Many service providers only support credit card payments, but many users are unable to apply for a credit card due to various reasons and have to settle for a virtual or prepaid credit card.

Book with Airbnb, Booking to avoid unnecessary losses

Booking with Airbnb or Booking often requires a credit card guarantee to protect the hotel and the host. The benefits. For example, if you don’t show your room for one night, or if you lose the contents of your room, you will be compensated for the cost of the room.

One man recounted a booking experience he had. One time he used his Citibank virtual credit card to book a hotel, and due to a change in plans, he ended up not going to that hotel. The hotel informed him that since he had not canceled 24 hours in advance, he would be charged $225 for one night’s stay. A month later, the customer service agent at the hotel headquarters called him and asked him to provide a valid credit card, as the one he had provided earlier had declined the payment. He politely declined and hung up the phone. If he booked with a physical credit card, he might have to lose a night’s worth of room for nothing. There are many cases online where people have booked on Airbnb, checked out, and been claimed for a large amount of money.

One person asked: “I was unreasonably asked to pay $1915 AUD by Airbnb and was asked to pay manually after the direct debit was unsuccessful. What will happen if I don’t pay?”Leaving aside the discussion of what is right and what is wrong, the advantage of using a virtual credit or prepaid card is that you can take an active position. If it’s really your fault, it’s best to pay the price as it is, and the spirit of the contract is still there.

Various free trials, e.g. Netflix trial, ABC mouse trial

The virtual card is used well and Netflix can always be watched for free.

Verify Paypal

For some reason, some people need to sign up for multiple Paypal and they need to use multiple credit cards to verify Paypal, and virtual credit cards are a good option, such as Entropay.

Spend on various e-commerce sites, such as Amazon, Bestbuy, and avoid getting cut off from orders

U.S. credit cards are a coveted tool for many online shoppers. Unfortunately, it’s not easy for foreigners to get a U.S. credit card that goes through AV Verification S. US Unlock is no longer issuing new cards. up, Citibank can’t place cards without SSN, only Bank of America (BOA) has the opportunity to issue cards, but at a higher cost, most likely Get and cheap is GCash’s Amex card.

Topping up Entropay

While Entropay is a thing of the past, this venerable virtual card does work well and was the first virtual card I ever used.

Various games and app registration bonuses for new users

I don’t know how to play this exactly, I’ve only heard about it.

Buy software from the app store or google play, buy all kinds of digital products (Steam, Spotify, audible)

Pay Facebook, Google Adwords, Bing advertising fees

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