Virtual Debit cards — what are they and how do they work?

What is a virtual Debit Card?

2 min readNov 26, 2022


A virtual debit card works like a physical debit card, except that it’s accessed only through your mobile device connected to either a bank app or payment platform. You can use it to make online purchases like amazon, pay at stores that accept contactless payments, and withdraw from ATMs. They come with their unique card number, expiry date, and CVC.

Benefits of using a Virtual Debit Card

Easy to Use & Instant Activation

Virtual Debit Cards are easy to use for payments online and save you the stress of having always to carry a wallet around, you can use them immediately from the moment created (No need to wait for your card to arrive in the mail)

Spending Control

Virtual debit cards give you the ability to set spending limits and help you avoid unhappy surprises at the close of the month, furthermore preventing fraudulent activities since a limit has been set. You can instantly lock — and unlock — your virtual card from your phone.

Tracking capabilities

Tracking payments (for businesses) may be kinda stressful, especially when you have to match them with their corresponding invoices and vendors. Virtual card payments typically include automatic accounting sync to minimize manual data entry, so at the end of the month, you get data on various payments made and to who.

How do a Virtual debit card work?

As said earlier a virtual card works exactly like a physical card, just that it’s in a digital form on your mobile phone linked to a bank app or virtual card provider.

You activate it via your bank app or Virtual card Provider: You would receive details in your email on your card number and payment information and alternatively, you could log into your bank app to access the Virtual card option and start making instant purchases.

A recap of what we've discussed:

  • A Virtual Debit Card means an electronic or digital Debit Card.
  • You can use your Virtual Debit Card 24x7 on your internet-enabled smartphone.
  • You can shop on domestic e-commerce websites and make online payments with your Virtual Debit Card.
  • Your Virtual Debit Card cannot be stolen or misplaced like a physical card.
  • If you detect fraudulent transactions on your Virtual Card, you can disable the card from your mobile device itself.

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