Everything You Wanted To Know About Virtual Cards
Virtual cards are virtual credit cards that can be used to pay for online expenses, be it subscriptions or any online purchase.We have issue virtual card seen businesses struggle to manage their online spendings and reconcile them. That’s why we built virtual cards. You, as a founder, or a business owner, can create and assign it to team members from your Open dashboard. And load money to it via your Open account.Designed to effortlessly make payments for online subscriptions, a virtual card is a digital version of a credit card that comes with a unique 16-digit credit card number. It functions like a regular credit card, making it quick and easy for you to make online payments for your business.
Stay in control of your spending limits with virtual cards. Just create a unique card for each vendor/ subscription your company uses and pay for only the active services. And every time a payment has been made, you’re notified on WhatsApp. Cool, right? But there’s more.Making online payments is simple with virtual cards as the required credit will be pre-loaded in the card by the admin. All that’s left to do after typing in the 16-digit card number is to add the CVV number, and use the one-time password (OTP) shared on your registered mobile number to approve the payment.