What is the Virtual Tutorial for Doubtful Payments Video tutorial about?
In the video tutorial "Creating a virtual card for dubious payments" I will show you how to make a virtual bank card and an account with a Romanian IBAN in Lei and even in Euro, for free and without going to a bank.
The virtual card can be used for dubious payments, where we do not trust to pay with the card issued by a bank
Why use a virtual debit card?
Sometimes we are put in a position to buy various things from sites we have never bought from.
Either the sites are new and no one has heard of them, or they are weird foreign sites; In any case, it is better not to pay on those sites with our bank card issued by a bank in our name.
It is prudent to use another single-use virtual card that changes data after each payment. That way, whoever has access to the data on the card, after that payment they are no longer useful.
Virtual cards from the Revolut application
In addition to a lot of options, the Revolut application, which is a type application FinTech, allows us to fund the account with money and pay using virtual cards generated in the application.
In Revolut we can generate three types of cards.
- Physical card, which you receive by mail if you want
- Virtual card with which you can make payments just like with the normal card
- Disposable virtual card, which changes its data after each payment
Physical card it's like any other bank card. This is related to an account with IBAN Romania, more precisely the account is opened at Libra Bank
Virtual Card it is exactly like the physical card, only it is virtual and you can use it on your phone to pay for POS, by enrolling it in Google Pay or Apple Pay
Disposable Virtual Card is a card that changes its data after each payment. Thus, the data becomes useless after each transaction and the "thief" has nothing to do with your data on the single-use virtual card.
CAREFUL:
Don't use the single-use virtual card on subscriptions or monthly payments such as Netflix, recurring bill payments, etc.
IMPORTANT
All money from Revolut account is guaranteed by the guarantee system of the Romanian state.
Hi, can I get paid?
Why didn't they say that 26 lei must be paid monthly!