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virtual credit cards

cyberstar
Posts: 333 Forumite

in Credit cards
I was thinking of applying for a virtual credit card from http://www.entropay.com but I get quite sceptical about these things. Has anyone actually use these these before? Ad what are the mmain advantages, if any.
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likewise: I know that Ivobank offer a virtual debit card .It seems that it is more secure for card holder absent transactions because the card number changes everytime it is used, and a limit is placed on the value of the transaction but I know nothing about Ivobank.. Mastercard and Visa have already launched their online verification tools.
UK-based Pinoptic has developed a slightly different system. Those using it generate a code they enter into an online keypad but, instead of the code being four numbers, it is two numbers and two icons.
Each time the code needs to be entered, the icons will be in a different place on the keypad. This makes it very difficult for keyloggers to figure out an individual code, claims Pinoptic.
I too am sceptical. Do any of the established credit cards offer this facility?0
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