To be completely safe, you should set a spending limit and an expiration date. Even when you do this, your sensitive information will still not be exposed, so the chances of misuse are minimal. If you’re planning to use your virtual credit card for online shopping, you will have to connect it to your real credit card so that funds can be withdrawn from it. Leaving the VCC completely separate from the real cardĬonnecting the VCC to Your Real Credit Card.Connecting the VCC to your real credit card.You’ll have two options when creating virtual credit cards: The question begs itself-what can you do to protect yourself when creating your PayPal account? Instant virtual credit cards for PayPal come to the rescue! Before we delve deeper into how you can verify your PayPal account without disclosing your personal banking details, let’s address a more rudimentary question first-what is a virtual credit card? What Is a Virtual Credit Card and How Does It Work?Ī virtual credit card (VCC) is a randomly generated credit card number that follows all the parameters of a real credit card but doesn’t reveal your actual banking information. Various reports over the years show that PayPal isn’t as secure as it claims to be, and the platform has experienced data breaches that resulted in people losing access to their account information in the past. You are required to provide your credit card information in order to verify your PayPal account, leaving you exposed to data breaches and cyber-attacks.Īs one of the most popular online payment processing service providers, PayPal is often the target of cybercriminals. Most people are concerned about the safety of their banking information, and rightfully so. Many people are switching from traditional to online payment providers, but the transition isn’t without its drawbacks. I How To Verify Your Account With an Instant Virtual Credit Card for PayPalĭata gathered by Statista shows that there are currently over 360 million active PayPal users all over the world.
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