Cash is no longer the king pin of banking. Even the government believes so, encouraging people to shift from physical money to digital alternatives. This is meant to combat illegal activities like tax evasion because of how difficult it is to trace.
One of the best options for embracing the digital revolution is applying for a virtual personal card. These non-plastic cards have been growing in popularity because they are secure, convenient, and efficient at tracking personal (and business) transactions.
So, if you haven’t considered getting a virtual card yet, now’s the perfect time. Especially since you can easily be tangled by a web of subscriptions and other online payments, having a robust payment option can work wonders.
Here’s everything you should know about virtual personal cards and why they’re such a great choice for paying subscriptions and managing your finances.
What’s a Virtual Personal Card?
To set the record straight, a virtual personal card works exactly like a physical debit card. That means that virtual cardholders can do online transactions seamlessly, too. While there’s no physical card, virtual cards also have the same 16-digit card number, expiration date, and three-digit CVV code.
However, the main difference here is that while physical cards take a lot of time to process, virtual cards can be activated within seconds upon confirmation. Use it while you travel without having to worry about always keeping a physical card safe.
Virtual cards can be added to your mobile wallet and used for tap-to-pay terminals, so it’s also easy to pay in-store. Users just have more control over their spending, and they can be used instantly for online payments. It’s safe, smart, and easy to use – virtually anywhere.
Why Virtual Cards are the Way to Go for Paying Subscriptions
Having multiple entertainment subscriptions alone (music, movies, and TV shows) can already be tough to track but add to that your fitness membership or even meal kit deliveries. But these just can’t be put away because of one word: convenience.
For a fixed recurring fee, you can have what you need. It’s easy and seamless – at least in theory. When combined, it’s like juggling multiple balls. There must be a better way than manually doing all the work.
This is where a virtual personal card comes in handy. Here are ways this powerful card can ease the hassle of managing subscriptions:
- Instant activation: Your virtual personal card can be activated right away to pay for your subscriptions. There’s no need to wait. It’s that quick and easy.
- Manage everything on one platform: You’ll only need one trusted digital bank account, and with it, you can have your online card. You can also usually rely on a dashboard to see and do whatever you need in a convenient place.
- Control your budget: Everything about your account can be seen on your phone or laptop, and that includes having complete freedom to set your own spending limits there, too. Specify the fund amount you will use for your subscriptions and set that as your limit so that you can always stay within your budget. No need to worry about unexpected charges.
- Top-notch security: Compared to using a traditional plastic card, you can make your transactions purely online and freeze them right after. You can also request a physical card for your account, but your virtual card’s number is going different from your physical one, so there’s always an added layer of security.
- Pay whenever, wherever: Whether you’re at home or on the other side of the world, you can always access your virtual card. Pay for your subscriptions anytime and anywhere using your mobile device.
Bye payment woes, and hello convenience. Having a virtual card is the smarter way to manage your subscriptions.
Other Great Benefits of Having a Virtual Personal Card
The benefits are clear, but a virtual card goes beyond streamlining your subscription payments. Improve your day-to-day life with this card in a lot of other ways:
- Help in reducing plastic use with a virtual card.
- No more losing your wallet; it’s all right at your fingertips.
- Send and receive money locally or internationally on the same platform.
- Breathe easy thanks to two-factor authentication (2FA) for even more security upon login and during operations.
You simply can’t go back to the traditional ways. Virtual cards have redefined the way everyone approaches their finances.
Go Cashless with a Virtual Personal Card
Having a virtual personal card is a smart move towards a cashless future. You don’t have to worry any longer about the constraints of physical cash and the worries of losing your cards. Everything you need is now securely stored online. But that’s just the beginning.
With a Genome virtual personal card, you also get global access on the go. You can get your card here, open a multi-currency account and manage your finances with ease across different currencies. Receive instant notifications to keep you in the loop every step of the way.
Hassle-free subscription payments and financial freedom can be yours with a virtual personal card. Take advantage of it today.
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