What is a VIRTUAL credit/debit card? (2021)

EPISODE · Sep 23, 2021 · 8 MIN

What is a VIRTUAL credit/debit card? (2021)

from NBTV: Your Money, Your Data, Your Life · host Naomi Brockwell

Credit cards are a notoriously insecure means of payment and credit card fraud is one of the most common types of identity theft in the US. We give out our credit card number constantly without even thinking about it, and with it our name and home address. Enter Virtual Credit Cards: they're like a VPN for your credit card. No more revealing private information to every stranger from whom you want to make a purchase. No more handing out the keys to the kingdom that allow anyone to draw money from your account.Crypto is my preferred means of payment because you retain sovereignty over your money, you can have much better financial privacy, and you can save a bunch of money if you use services like Purse.io, Bitrefill, and Dash Direct.BUT...Some people are not yet ready to take the plunge completely into crypto. So if you enjoy the world of recurring payments and credit card purchases but are looking for a more private option, VIRTUAL credit cards may be for you!In this video, Josh Summers from “All Things Secured” explains how virtual credit cards work and why they're great for giving back some privacy and control over your money.00:00 - Intro 00:55 - What are Virtual Credit Cards01:18 - Increased Privacy02:22 - Prevent Credit Card Fraud04:53 - Manage Subscriptions05:49 - CaveatsYou can check out Josh's channel here for more awesome tips on privacy! Thanks for joining us, Josh!!https://www.youtube.com/c/AllThingsSecuredBrought to you by NBTV members: Lee Rennie, Will Sandoval, Emily Kotow, Ogar, and Naomi BrockwellTo make a tax-deductible (in the US) donation to my channel, visit https://www.nbtv.media/supportSign up for the free cryptobeat newsletter here:https://cryptobeat.substack.com/Beware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.Visit the NBTV website:https://nbtv.mediaSupport the show

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What is a VIRTUAL credit/debit card? (2021)

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