Major reasons you should definitely start using a virtual credit card:
● Convenient- You no longer have to carry a physical credit card in your wallet or purse as you can easily save the virtual card details on your cell phone. This not only is a convenient option but also reduces the risk of theft.
● Single-use card: Using EnKash virtual credit card is an add-on as it provides an additional layer of security to your sensitive card details. The benefit of a single-use card is that your payment information gets erased from the vendor's database within 24 to 48 hours, making it impossible for fraudsters to trace your actual bank information.
● Control Spending: With a virtual credit card, you can easily set limits on your card. This is helpful in both personal and professional spending. With a virtual credit card, you can’t go overboard and overspend. For example, in the business, setting a limit on your corporate card enables you to optimize your working caption and keep track of your accounts payable without the hassle of maintaining a stack of invoices.
● Easy cancellation: One of the significant benefits of using a virtual credit card is that you can easily schedule the date and time to close your virtual card without losing your actual credit card. The easy cancellation options enable users to safely make payments without worrying about their personal bank details getting traced as the payment details get erased from the vendors' database completely after the scheduled cancellation period.
training and covers all GST bills, supplier & vendor payments, etc. with the least risk of internal or external fraud. And unlike bank loans, we do not care about your company’s credit score or for collateral assets.
● Applying for Corporate Credit Card
Applying for a business credit card in India is easy with a 100% digital KYC, where you can order your business credit card from your comfort place and in the least downtime. We also ask for minimal document submission and with the facility for online (digital) submission, corporate credit cards like the EnKash Credit Card can be availed in a matter of minutes.
To know more details visit: https://www.enkash.com/resources/blog/virtual-credit-cards-for-small-business/