I need a new provider of virtual credit cards
August 13, 2010 9:18 AM Subscribe
Since Paypal is shutting down their virtual credit card number feature I would like to find a different provider, but I dont want to apply for a new credit card.
posted by digividal to shopping (10 answers total) 12 users marked this as a favorite
I have been a long time user of Paypal, and also of their Virtual Credit Card number feature.
It allowed me to create a unique credit card number, for use with online merchants that did not directly accept Paypal payments.
I felt safer being able to make purchases from vendors online I did not know or trust fully. The credit card number issued should only work with one vendor, and is either allowed one single transaction or reoccuring transactions.
I am sad to see that Paypal has decided to shut down this program.
I have thought about the various pre paid debit cards that are around, but that would mean that every merchant I did not trust would get the same number (unless I kept buying new prepaid debit cards for every transaction). Plus most of the pre paid debit cards I have looked into seems to have a lot of fees.
If there is a pre paid debit card, that will allow me to generate new virtual credit cards, I would love that.
Preferably I am seeking a provider much like Paypal, that allows me to generate single use credit card numbers,without any fees and takes the money needed from a payment source that I have registered with the Paypal like intermediary.
I really like the idea that even if someone manages to hack into the merchant I bought items from at a later date, if they get my credit card number, it will be worthless, since its tied to a specific vendor.
None of the credit cards I currently own, have this feature unfortunately, and I am not in a position to try and sign up for
a new real credit card.