Virtual Debit Card: Why You Should Use It?
Virtual debit cards are on the verge of revolutionizing digital payments across the world. Apart from adding a lot of convenience to the process of making online payments, it has also contributed towards making digital transactions more secure.
For the uninitiated, virtual debit cards are debit cards that are completely digital in nature and cannot be felt using your hands like a physical card. If you are looking for an affordable virtual debit card, you should check out the website www.afno.io.
Here are some of the important reasons why you should use a virtual debit card:
Issued Faster
Once your request for a new physical debit card gets approved, you will have to wait for a couple of days for it to arrive. The bank or the company that is responsible for issuing the card might take a few more days for identity verification. The process of applying for and receiving a virtual debit is much more convenient and faster. Since a virtual debit card does not need to be made physically, you will get it delivered in no time. There is no hassle involved in the process and you will face no issues while using it.
Offers Greater Security
When you have a physical debit card, there is always the risk of losing it. If it falls into the wrong hands, you might lose out on a lot of your savings. There is also the threat of somebody cloning your debit card and withdrawing money on your behalf without your information. No such risk is associated with virtual debit cards. You will never lose it and nobody will ever be able to make a physical copy of it.
Easier To Make International Payments
The international transactional fee, on average, is close to 3%. In certain countries, the charge could be much higher. The good news is that the transaction fee levied on payments made through virtual debit cards is much lower. Virtual debit cards enable you to pay for your expenses in a foreign country in its local currency. Therefore, if you travel frequently, it would be a very good idea to get a virtual debit card made.
