Just about anyone can quickly understand why some people prefer to take a single-use, throw away camera on their vacation adventures that might involve sand, water or other things that might damage an expensive piece of camera equipment. With these single-use cameras, you can freely capture those special moments without the stress of ruining or losing the camera. In the same way, you can take advantage of a single-use credit card number to help protect your identity and provide worry-free credit card transactions.

With credit and debit card fraud and identity theft continually on the rise, both concerned consumers and the credit card companies are always looking for ways to allow people to enjoy the convenience of using their debit or credit card for the purchases they want to make both at local retailers and online, while safeguarding the credit card information and the personal information of the consumer. One of the innovative ways that this has been made possible is through the issuing of virtual credit card numbers, which are primarily designed to be used for online purchases.

This type of single use, virtual credit card number can be used whenever you have an online purchase that you want to make but would rather not have to enter the true credit card numbers that are imprinted on your plastic card. This means that no one has a way of capturing your credit card information. In almost all instances, these virtual cards are meant to be used only one time or limited to only one website, which helps to assure that the number cannot be misused in any way.

This kind of arrangement helps to protect your real credit card from any computer hackers that might crack into a credit card processing submission, in order to try to steal your credit card information. Even if a hacker manages to get the complete number along with the other information they need to complete a transaction, they will be foiled because the virtual card will no longer be valid.

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This entry was posted on Friday, November 28th, 2008 at 6:39 am and is filed under Financial Services. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.