New Delhi, April 10 -- In an era where online transactions are the norm, virtual credit cards (VCCs) have gained popularity in the financial world. These electronic substitutes for traditional plastic cards offer a modern means of payment with the aim of enhancing security and convenience. Let's understand how safe they are.

A digital payment mechanism that generates a unique, temporary card number for use in online transactions is referred to as a virtual credit card. Attached to your original credit card account, these temporary numbers are usually good for one use or a limited time, thus reducing the risk of fraud. VCCs provide online transactions with an extra level of security by concealing your actual card details.

Virtual credit ...