Capital one virtual credit card number code#

However, from a security perspective, virtual credit cards offer an additional layer of protection as the “number” issued enables you to conduct online transactions to your main account, without actually utilizing or entering (exposing) your actual credit card number.

Capital one virtual credit card number code#

It includes the normal 16 digits, expiration date and security code of a regular credit card. Virtual card numbers aren’t that different from a physical credit card. This will make the process far more streamlined as transactions will be on one report and it will be clear who made each purchase. We’ll talk more about how easy it is to issue a virtual credit card number later in this post.Ī favorite for finance teams, by eliminating the use of personal cards, you will also have better visibility into spend and the reconciliation process. Virtual credit cards also eliminate the wait times to get a physical credit card sent to an employee and the risk of it falling into the wrong hands. This is a great option for remote workers or contract employees. However, the expiration date window can be much shorter-good for a few days or a week, even. With a virtual credit card you are able to create spending limits and expiration dates for the virtual cards, similar to physical cards. If an online retailer is compromised, your virtual credit card number and other card details will be of no value to the fraudsters. There are numerous benefits associated with virtual credit cards, including, but not limited to security, control factors, and spend visibility.įrom a security perspective, since the number is randomly generated and changes each time your actual credit card account is used for purchase, you have an additional layer of protection compared to using your actual credit card on the internet. In this post, we will discuss the benefits of virtual credit cards for business use, how virtual credit cards work, safety and security features, as well as some of the most popular options on the market today. If you’re unfamiliar, a virtual credit card leverages electronic, card-less account numbers to allow for secure online payments. > Related: Mastering Corporate Credit Card Management Policy <<Īs workplaces embrace a largely remote landscape, virtual credit cards provide an alternative to issuing employees a physical corporate credit card to cover expenses. Either way, the process is cumbersome and inefficient. Your employees have likely been purchasing must-have items on their personal credit or debit cards for reimbursement, or someone on your team has been handling orders to home addresses.

More than likely, you have a larger population of employees working from home, without access to the office supplies or equipment they are used to having on hand.

Let’s face it, the business landscape has changed.