In India Debit/Credit Card Popularity is increase day by day due to lot of Internet E Commerce Website’s which is trusted by the Millions of Indian Consumer. Even due to simple refund process frequently user always pay from the Debit/Credits Cards, but sometimes due fraud activity traditional people always have fear to lost their hard earning Money. Because Now Most of the Payment Gateways or Ecommerce Website gives option to save User Debit/Credit Card Details. But there is Solution that is called Virtual Credit/Debit Cards in India.
So Let’s talk about the How you can Get Free Virtual Credit or Debit Cards in India for the Payments. Ultimately these Cards are Debit Prepaid cards because you are not getting any credit facility. In India there are lot of Mobile Payment Wallet like Paytm , MobikWik, Oxigen Wallet, FreeCharge which provide prepaid payments on the Mobile Recharges, DTH Recharges, Utility Bills Payments. Most of the Wallets are RBI Approved Wallets but when you Shop Online on the Popular Website like Flipkart or Amazon or Snapdeal, you not able to pay through them because that ecommerce website are not use these wallets as Payment Gateway.
But Now there is a Solution. In India there are 5 Most Popular Apps and Services which is providing Prepaid Virtual Cards. Its all the Virtual cards are powered by the VISA or MasterCard which is one of the Most Popular Payment Services in the World.
With the help of the VISA or MasterCard you can pay on the any merchant website which is providing payment gateway to their users. The most Important thing it’s a Prepaid Virtual Wallets and Cards so you have to load the money in the Wallets and Cards so it’s a completely secure.
So Following are One of the Most Popular Virtual Cards Service Provider in the year 2016
a) FreeCharge Go Master Card
FreeCharge is an e-commerce website headquartered in Mumbai, Maharashtra. It provides online facility to recharge any prepaid mobile phone, postpaid mobile, DTH & Data Cards in India. On 8 April 2015, Snapdeal acquired Freecharge what is being referred as the biggest take over in Indian e-commerce sector. Recently freecharge expanded the usability of its wallet by offering users a free virtual card which is called Freecharge Go card. Its a powered by Yes Bank and MasterCard which can be used on any Payment Gateway which provide payments through MasterCards in India. Its a works like same as Debit Cards which is run on 3D code authentication.
How to Apply for the FreeCharge Go Card :- Just sign up on the Freecharge Website and then Go to Freecharge Go Card Link and Generated your MPIN Password. then its generated a same virtual card like a debit card and you can use this card on any website by putting just Card Number, Expiry Date and CVV with the 3D code authentication on the Registered Mobile Number with Freecharge Account.
b) Pockets Wallet by ICICI Banks
After the FreeCharge Go Pockets Wallets by ICICI Banks is one of the Most Popular Virtual Card Service in India which is loved by users. there are couple of reason behind this because its a operated by the Trusted ICICI Bank. Even on ICICI Bank Account Holder also sign up on the Pockets Wallet and Enjoy the Virtual Card. Pockets Wallet is Powered by the VISA which is also one of the most Popular Payment Services in the World. Pockets Wallets enable to user load the cash through linked ICICI Banks account or other debit/credits cards and Operated same as above explain like this is generated MPIN and 3D code authentication.
The another Good Feature in the Pocket Wallet that is you can able to Transfer the funds in any other Indian bank account via NEFT.
Even as per the news ICICI Banks will provide the facility at ICICI Bank branches also like Cash Deposit so you can loaded the money via Cash.
How to Apply for the Pockets Wallets by ICICI Banks :- Just Download the ICICI Banks Pocket Wallet App and Sign up with the Require Details then generate the Virtual Card which is powered by the VISA. so you can able to pay any merchant website or payment gateways which is allow VISA Card Holders.
c) Lime Wallets by Axis Bank
Lime wallet by Axis Bank is a wallet service similar to Pockets wallet by ICICI Bank. A free virtual credit card or you can say Shopping Card. Its is powered by MasterCard which is provided Wallets Services. So its can used on any merchant website or Payments Gateways which is allow Master Cards for the Transactions.
How to Apply for the Lime Wallet :- Procedure is the same as Pockets Wallet. You Can Download the App From Here.
d) Slonkit Prepaid Wallets
Slonkit has developed and app and also issues a Visa powered debit card backed by DCB Bank. Parents and children have their own versions of the app. The children get a reloadable prepaid card, which they can use to make transactions at online and offline outlets. so its a Similar like Pockets or Lime but its provide also Physical Cards which can be used on offline Stores. You can read them about Here.
How to Apply for the Slonkit Prepaid Wallets – You can Sign Up through their Android App.
e) Entropay Virtual International Visa Card
EntroPay is word leading Virtual Visa Card Company but its not based in India, but Entropay has been around since long. The Indian Bloggers and Marketers which are use Paypal or other Services where they you have to made International Payments. Most of the Bloggers user EntroPay Virtual VISA Cards for the Security Purpose. The service offers free virtual visa cards which are international. Their Commission rates are high but as a International Payment is good things for the Entropay Virtual Visa Card.Even you can integrate your Virtual VISA Card of Entropay in the Paypal Account which is not possible by the other Indian Virtual Cards. But One Important things in the EntroPay Virtual card that is its does not support the 3D verification (VBV/MSC)
How to Apply for the EntroPay Virtual VISA Card :- You can Sign Up through Entropay Website and Enable to create your Virtual VISA Card.
Hope you love this Article on the Getting Virtual Credit/Debits Cards in India in 2016. Its all the cards or wallets provide the security. One major disadvantage that is Most of the Wallets just provide the limits of the 10000/- INR as per the RBI Instruction because on the above limit you have to Apply for the the KYC Compliance.