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What is a virtual card payment?

25 Aug 2022 By PAYCEC

Virtual card payments (VCPs) employ payment card (credit or debit) based technology to redeem claim payments. For each unique Payer/Provider TIN connection, a 16-digit virtual account is established.

In terms of registration requirements, registration processes, and payment options, a virtual Visa card is more convenient. No age restriction applies to creating a virtual Visa card, and there is no cap on how many cards can be established. Customers may obtain a virtual Visa card by registering with just their phone number.

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