(Video) Rajya Sabha TV (RSTV) In Depth: Virtual Credit Card

Topic: Virtual Credit Card

Topic Description:

Recent years have seen the digital payments growing exponentially in India.

Digital transactions have grown from 220 crore rupees in 2013-14 to over 2,000 crore in 2017-18.To help solve the security problems caused by credit cards, we now have Virtual credit cards.

Virtual credit cards can protect you from having your credit card information stolen in a data breach or through an insecure connection.

How do these virtual cards work? How do we get them? How are these cards useful to you? And how can they protect our identity?

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Courtesy: RSTV