How to create Prepaid Virtual Credit Cards (VCCs) instantly

This Virtual Credit Card creation method is for Indians who does not have a valid credit card and wants to make online transactions where credit card is mandatory.

What is a Virtual Credit Card?

Virtual Credit Card (VVC) is a one-time usable credit card with a preloaded amount and comes with few months of validity. It is the safest way to pay online.

How to get these VVCs?

For this method, you need to have an HDFC Banksavings account with International Debit Card. If you have a normal debit card, apply for an International Debit Card. Visit an HDFC Bank branch nearest to you and submit a simple application for International Debit Card, which takes around a week or two to get your card. If you have not opted for online banking facility, go and get it.

You can create unlimited virtual credit cards using NetSafe by HDFC Bank. Go to thehomepage of HDFC Bank and select “NetSafe/ Verified by Visa/ MasterCard SecureCode” from the different account logins available on the homepage. It pops up a window where you can register for NetSafe using your International Debit Card.

Once you registered, login into your account and it will show your balance and option to create a virtual credit with a specified amount. Fill the amount and click “GO.” It will create a virtual credit card with expiry date, CVV, and the amount you have chosen.

Don’ts:
Do not use this virtual credit card where physical goods are delivered at your doorstep upon presentation of the card to the delivery boy.
Do not use this card where recurrent payments are made because it expires in a month or so.
Except the above, you can now use the virtual card for online payments safely.

The Benefits of Using a Virtual Card
The temporary account number you generate and use for a one time or one vendor purchase is useless to hackers. Even if a hacker obtains the account number it will not be useful to him as it cannot be used again.

Because the virtual card will have a spending limit that reflect the purchase you intend to make, your real account and full credit line are not at risk when you buy online. The temporary number does not lead to your real credit card number no matter what a hacker does.
Using a virtual card for online purchases does not expose you to the risk of identity theft that is a rising problem in the marketplace today. Identity theft relies on the ability of the thief to match various pieces of information that you have placed online. If a hacker is unable to find information that leads to your credit file or your bank account, he is unlikely to be able to use your identity.