In this day and age of digitalization, the use of virtual cards to conduct financial transactions online has emerged as a practical and trustworthy alternative. Customers of HDFC Bank, one of the most successful financial institutions in India, are given the opportunity to generate virtual cards. These virtual cards may be used for a variety of purposes, including making purchases and subscriptions online as well as doing foreign business. This article will walk you through the steps of creating an HDFC virtual card if you are a client of HDFC Bank and are interested in learning more about the procedure.
Virtual Card Benefits:
Virtual cards provide better security. Virtual cards are harder to steal. Virtual cards defend against fraud due to their unique card numbers and CVV codes.
Privacy: Virtual cards protect internet transactions. Virtual cards may be used for purchases without disclosing your principal bank account. This protects financial data.
Set spending limitations and expiry dates with a virtual card. This function helps you budget. Create a virtual card with a specified balance and validity to keep within your budget and avoid illegal payments.
Online Shopping: Virtual cards make online shopping easy. They work on card-accepting websites, platforms, and applications. Virtual cards make online buying easy by eliminating the need for actual cards and sensitive information.
Virtual cards are global. They offer many currencies, so you may shop internationally without currency conversion. This function benefits regular travelers and overseas internet shoppers.
Online banking services make virtual card creation easy. Virtual card information are immediately usable after generation. Virtual cards are useful for last-minute online payments due to their quickness and accessibility.
Tracking and Reporting: Virtual cards give full transaction records, making spending management simpler. Most virtual card systems include detailed statements with transaction history, merchant data, and spending classification. Budgeting, cost monitoring, and financial planning benefit from this data.
Virtual cards provide security, privacy, spending control, online purchasing ease, worldwide accessibility, simple setup, and transaction monitoring. Virtual cards make internet payments safer, easier, and more controllable.
Step 1: Log in to HDFC NetBanking:
You will need a working HDFC NetBanking account in order to generate an HDFC virtual card for yourself. You may access your HDFC Bank NetBanking account by going to the bank’s website and entering your customer ID along with your password.
The next step is to go to the ‘Cards’ section:
After you have successfully signed in, go to the ‘Cards’ part of the dashboard for your NetBanking account. This area provides you with a number of alternatives that are associated with your HDFC debit and credit cards.
Step 3: Choose ‘Request’ and then ‘Virtual Card’:
You will discover a list of available choices in the ‘Cards’ part of our website. Find the ‘Request’ option and then click on it. Choose ‘Virtual Card’ from the option that drops down from the top. The process of establishing your HDFC virtual card will begin after this step has been completed.
Step 4: Provide card details:
Following that, you will be given a prompt to provide the required information in order to generate your virtual card. You can be asked to submit information such as the card limit that you desire, the length of time that the virtual card will be active, and a name for the card. Make sure that the data you submit are correct and legitimate.
Authenticate the transaction as the fifth step:
After supplying the necessary information about the card, you will be asked to verify that the transaction is legitimate. When it comes to authentication, HDFC Bank makes use of a variety of mechanisms, including the One-Time Password (OTP) that is issued to your registered telephone number or email address. To finish the authentication procedure, it is necessary to follow the directions that are shown on the screen.
Confirming and generating the virtual card.
After the authentication has been completed successfully, you will get a notification confirming that your HDFC virtual card has been made after it has been successfully produced. Make a mental note of the information about the card that is presented on the screen, such as the card number, the CVV, and the expiration date. You also have the option to download these particulars and save them away for any future use.
Step 7: Activate your HDFC virtual card and begin using it:
Congratulations! Congratulations, the creation of your HDFC virtual card was a success. You may begin using it immediately for use in financial dealings conducted online. When you are ready to make a purchase, choose the “credit card” option and input the data of the virtual card that you produced in the stage before this one. Make sure that you submit the right information in order to prevent any problems from occurring throughout the transaction.
Through the use of HDFC NetBanking, producing an HDFC virtual card is a straightforward and uncomplicated procedure. You may easily create your virtual card by following the step-by-step procedure that is detailed in this article. Once you do so, you can immediately begin enjoying the benefits of conducting safe online transactions. Don’t forget to protect the information associated with your virtual card and never give it out to anybody. Using your HDFC virtual card, we wish you a prosperous banking experience and a secure online purchasing experience.