Debit card fraud will not be used if you use this facility of SBI

SBI’s virtual card facility is a very useful thing. This facility of SBI can be availed through internet banking.

State Bank of India (SBI) provides its customers with a virtual card facility, which is a limit debit card. This facility can be availed through online banking of SBI for online shopping. This card can be purchased on any e-commerce website that accepts Master / Visa card. According to the SBI website, there is no difference between the regular plastic card and it. Come, know the merits of this card.

No fear of fraud

In SBI Virtual Card, the merchant does not see the card’s primary and account details, due to which there is no possibility of any kind of fraud.

Valid for 48 hours

SBI is valid for up to 48 hours after the virtual card is created or until the transaction is completed.

Also Read: SBI has an account so there is no need to go anywhere for this work, settle at home

Card is made through OTP

The SBI virtual card is created on the basis of one time password (OTP) that arrives at the customer’s registered mobile number. Not only this, the transaction also happens after the OTP is inserted.

You can pay with NetBanking

SBI customers can make payments through their NetBanking.

Transactions up to Rs 100-50,000

The minimum transaction value for making an SBI virtual card is Rs 100 and a maximum of Rs 50,000.

No fee

There is no extra charge from customers for this.

Master / Visa card holder valid on all websites

SBI Virtual Card can be used on all websites that accept payment with Master / Visa card.

Single use card

SBI Virtual Card is a single use card and once used successfully it becomes useless.

The amount will be deducted on successful purchase

The amount is deducted from the virtual card only when the purchase is completed successfully.

Card number limit

A customer can make any number of virtual cards daily. There is no limit to the maximum number.