Virtual Cards
Issue Virtual prepaid cards remotely
Often it is not convenient to have the prepaid cards delivered by post or face to face. For such situations we bring you the convenience of virtual cards. The cards are delivered through email meaning the user can use their card immediately. The only limitation of virtual prepaid cards is that they cannot be used at merchant establishments meaning they can be used exclusively for online shopping. Otherwise, they carry all the features and functionality of regular Visa and Mastercards. The benefits of opting for virtual prepaid cards are clear:
These are very convenient for fulfilment of rewards or cash back programs.
Managing the logistics of distribution can be taken care for you if you need to use the cards for mass payments.
You can incorporate data capture forms, surveys, and other data collection methods with the virtual cards.
You save on courier, postage, banking charges, cheque issuance and similar expenses.
Transactions on your payment gateway are secure when virtual cards are used.
The quick delivery of virtual prepaid cards provides ample opportunities for promotional and marketing activities.
How virtual prepaid cards work
When it is not convenient to physically hand over cards, or when you need to distribute some rewards or cash back incentives quickly, then virtual prepaid cards are the best solution. This is how our secure virtual prepaid cards work:
The card recipient receives a personalized email containing all necessary details.
The email contains a link to a URL, along with detailed instructions on how to access the link.
Once the recipient clicks on the link, a new browser window opens up which takes the recipient to the card redemption landing page.
This page could also contain data gathering forms or surveys, or even marketing messages and images.
The card recipient follows the instructions and redeems the virtual card, which gets displayed on the screen.
This can then be used for phone purchases or online shopping as per the type of card issued.
These virtual cards can then also be paired with instant issuance which is further described in the next section.