One thing we can all agree on is the fact that virtual payment cards are here to stay. Basically, they are becoming the go-to payment solution for most businesses operating online and offline. This is largely due to the benefits of virtual USD cards for online shopping and other essential business payments.
Virtual USD cards are especially necessary for businesses and individuals who deal with international suppliers or buyers and have to transact in USD often. Basically, you do not need to waste your time visiting a physical bank – this time can instead be spent focusing on growing your business.
Virtual USD cards vs Physical cards
To put it plainly, virtual USD cards are essentially physical cards without most of the disadvantages. With virtual cards, you can perform everything you would with plastic cards with lesser restrictions. The process is completely online, therefore, you can fund your card, make payments, and even create new cards in a few clicks.
With physical cards, you basically have to manually visit banks to possibly fill out a form and wait in a queue, precious time that would have been spent being productive in your business. Additionally, most local physical cards do not support or have FX transaction limits compared to Bitmama virtual USD cards for example that can be used to make USD payments.
Top 5 benefits of virtual USD cards for online shopping
Basically, here are some of the major benefits of using virtual USD cards for online shopping:
1. FX payments:
Firstly, virtual USD cards allow individuals and businesses to make international payments, bypassing the restriction around most local cards. Local cards in some countries do not even support forex payments at all.
2. Convenience:
Virtual USD cards can be accessed and used from anywhere with an internet connection, eliminating the need to physically carry a card. Basically, this makes it more convenient for users who don’t want to carry a physical card with them at all times
3. Security:
Virtual USD cards are typically more secure than physical cards because they can’t be lost or stolen. Additionally, virtual cards often have unique security features such as one-time use numbers, making them more secure for online transactions.
4. Cost-effective:
Virtual USD cards often have lower fees and no maintenance costs compared to physical cards. Physical cards can come with various fees, including annual fees, late payment fees, and transaction fees. Virtual cards may have lower fees or no fees at all, making them a more cost-effective option.
5. Accessibility:
Virtual USD cards can be issued to anyone with a valid email address, making them more accessible to people who may not have access to traditional banking services. This includes individuals who may not have a credit history, or who may not have a physical address. Virtual cards can provide a way for people to make purchases online or in-store, even if they don’t have access to traditional banking services.
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How to create a virtual USD card with Bitmama
Step 1: Download, register and log into your account on the Bitmama app, click on ”Cards” and navigate to the Cards page, a pop-up box will display showing that you need to verify your account to level (3) three to create virtual cards.
Step 2: Navigate to the verification page in your ”Account” section. Click on the verification button to submit the necessary documents for your verification up to level 3.
Step 3: Return to the home page after completing level 3 verification. Click on get ”Cards” to see available Bitmama crypto cards in different colours.
Step 4: Select your preferred card with its transaction limit per month. Then, navigate to the next step to make payment for the card issuance, choose your payment wallet and enter your 6-digit pin to complete your payment.
Step 5: Once your payment is successful. Click on ”Continue” to proceed to your cards page. That’s it! you will see your new crypto virtual card.
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Ultimately, virtual USD cards offer numerous benefits from better security to more cost savings and overall convenience compared to physical cards. This basically makes them an attractive option for individuals and businesses looking to trade internationally.
Bitmama offers the best dollar and crypto virtual cards for those looking to make online purchases without spending limits. Get started today by downloading the Bitmama app for Android or iOS.
