Virtual Credit Card- Know all about it!!
By Ankit Sharma
Print    Email    RSS   

Can Virtual Credit Cards be created using a Debit Card?

The answer is ‘Yes' for most of the banks. Even if one just has a debit card and not a credit card, they can use their debit card to create a virtual card online. In the recent times, people want to transact online always, but there are times when they do not hold a credit card. But now it is easier for them as they can they can now create a Virtual Credit Card and use it to transact online.

Refund from the merchant site

In some cases, it might happen that users get a refund of the amount paid through VCC to the merchant site. This may be because of some defect in the product or due to some problem in the services or it can be any other situation. As, the payment was made through VCC (which has already expired as it has been used once), users can get the refund back. The refund will automatically be credited to the user's main card.

In the case where the VCC is not fully utilized, the balance amount of the VCC gets credited to the main card within a certain period of time, as per the bank's policy. For example, if a VCC is generated for Rs. 1000 and it is used only for Rs. 800, then in that case the remaining Rs. 200 will be credited back to the user's main card and the VCC will lapse.


The VCC technology is fairly new in India, though it has been around for several years in abroad. Now by using the VCC, credit card holders can be completely assured that their credit card details are not falling in wrong hands and they can easily avoid credit card frauds and phishes.



Page    | 12 |
(Comments Posted : 14) Post Your Comments
1. Attn: To Whom It May Concern! Are you a business man or woman ? Are you in any financial mess or do you need loan to start up your own business? Do you have a low credit score and you are finding it difficult to obtain capital loan from local bank or company?. Get a secure loan here at city well Loan Home, and email: ( )
1.Full Name:
7.Amount needed:
8.Duration Period:
contact us now via:Email: ( )
URGENT LOAN OFFER 2017 (Posted: Jan 13, 2017)
2. We offer financial service of any reason,finance to start business,paying of bills all kind of financial assistance unsecured funds without stress and quick to honest and reliable individuals and companies globally at 3% interest rate. Here is the solution to your financial problem, contact us today via email:
Dr Kanke (Posted: Jan 13, 2017)
3. Do you need a Loan?
Are you looking for Finance?
Are you looking for a Loan to enlarge your business?
I think you have come to the right place.
We offer Loans at low interest rate.
Interested people should please contact us on
For immediate response to your application, Kindly
reply to this emails below only:
call or add us on what's app +1 323-406-1670
Mustapha Mahmood (Posted: Nov 7, 2016)
Show All Comments
 Select a product:

 Select a product:

ICICIs latest phishing warning email
Easier and faster banking through Smartphones
A chronicle of excesses by loan recovery...
Handle your credit card with Care
Free insurance policies with credit cards

credit card no.4511 5020 3099 2001 get the bill...
Milankumarsingh s/ raj baby Singh lilawan badaun...
what is my credit card statement
i forgot my ATM pin number i could i get it again
how to improve my CIBIL score???

91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive