Virtual cards can be created for consumers or corporations. The Tuxedo virtual reloadable prepaid card is ideal for use online or over the telephone. With a virtual card, consumers don’t actually receive a physical plastic card. Instead the consumers will be served with a card PAN via web/print with CV2/expiry date served via SMS.
As well as eco friendly alternatives to gift card and vouchers, virtual cards can be an excellent way of sending money to people or organisations in foreign countries so that funds can be used online.