Friday, June 17, 2011

Safe Online Shopping with Virtual Credit Cards | Money Talks News

Safe Online Shopping with Virtual Credit Cards | Money Talks News

The best way to protect your credit card number online might be to use a fake one.

Well, it’s not actually fake – it’s “virtual.” Yes, it’s legal. It’s also smart, and may be free depending on your bank.

Virtual credit cards have been around for a while now, and the idea is simple. You can use the financial backing of your real credit card – or debit card, or checking account – to make all the purchases you normally would from a computer, but without using the card itself. Instead, you use an alternate, “virtual” credit card number, which is linked to your real one, but protected by computer encryption and other state-of-the-art security measures.

Source: Money Talks (http://s.tt/12mLP)


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