{"id":440665,"date":"2020-10-14T13:29:17","date_gmt":"2020-10-14T11:29:17","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=440665"},"modified":"2020-10-14T13:29:17","modified_gmt":"2020-10-14T11:29:17","slug":"what-is-a-virtual-card-and-how-does-it-work","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/440665\/what-is-a-virtual-card-and-how-does-it-work\/","title":{"rendered":"What is a virtual card and how does it work?"},"content":{"rendered":"<p>Online shopping is a trend that continues to increase in popularity, especially since it\u2019s rebuilding how we see retail.<\/p>\n<p>One of the biggest concerns, however, is a customer\u2019s safety when shopping online; and with good reason.<\/p>\n<p><strong><a href=\"https:\/\/www.standardbank.co.za\/southafrica\/personal\/products-and-services\/ways-to-bank\/innovative-payment-solutions\/virtual-card?utm_source=BusinessTech&amp;utm_campaign=Standard_Bank_PBB&amp;utm_term=October_2020\" target=\"_blank\" rel=\"noopener noreferrer\">Standard Bank launched its virtual card<\/a><\/strong> in 2018 to help put customers\u2019 minds to ease when it comes to online shopping.<\/p>\n<p>A virtual card lets you pay online and on your favourite apps without ever having to take your card from your wallet or exposing your actual account information.<\/p>\n<p>You can create a virtual card on your Standard Bank app, load money onto it and use it for whatever you need.<\/p>\n<p>Like a physical card, it lets you pay online and via the app, but you never have to give your credit or debit card details.<\/p>\n<p>Creating a virtual card is free, and it\u2019s flexible to your needs. Once you\u2019ve created it, you can use it to shop online for whatever you want &#8211; both locally and internationally.<\/p>\n<p>You also have the option to create and shop using store-only virtual cards at Standard Bank\u2019s online partners, such as Takealot, Uber, Travelstart, Zando and Admyt.<\/p>\n<p>Some of the main benefits of a virtual card are that you can decide how much money to load, as and when you need it.<\/p>\n<p>Your money is available instantly, and you can top up or withdraw for once-off payments and ongoing transactions.<\/p>\n<p>You also never have to worry about a lost, stolen or duplicated card either.<\/p>\n<p>You can create or delete a virtual card at any time without stepping into a Standard Bank branch or filling out a form.<\/p>\n<p>There\u2019s no application time; processing is quick, and you don\u2019t have to wait for your card to arrive.<\/p>\n<p><a href=\"https:\/\/www.standardbank.co.za\/southafrica\/personal\/products-and-services\/ways-to-bank\/innovative-payment-solutions\/virtual-card?utm_source=BusinessTech&amp;utm_campaign=Standard_Bank_PBB&amp;utm_term=October_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Click here to learn more about Standard Bank&#8217;s virtual card.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standard Bank&#8217;s virtual card lets you pay online and on your favourite apps without ever having to take your card from your wallet or exposing your actual account information. <\/p>\n","protected":false},"author":57,"featured_media":124397,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[499,15393],"class_list":["post-440665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-standard-bank","tag-virtual-cards"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/440665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=440665"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/440665\/revisions"}],"predecessor-version":[{"id":440669,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/440665\/revisions\/440669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/124397"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=440665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=440665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=440665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}