P2p Virtual, digital and disposable cards—what’s the difference?

 Virtual, digital and disposable cards—what’s the difference?

P2pVirtual cards work exactly like your physical bank card—they just live in your digital wallet on your phone instead of your physical wallet. Secured by encryption, they offer a safe and convenient way to pay online and in-store.

pen bank account

MASTERCARD


Customer using $26 App and buying online with a virtual card.

P2P VIRTUAL CARD, digital and disposable cards—what’s the difference?

A “p2pvirtual card” is stored on your phone and can be used to pay contactless in stores or online, but has its own unique card number, expiry date, and CVC. A “digital card” is a copy of your physical bank card that’s stored on your phone. Digital cards have the same card number, expiry date, and CVC as your physical bank card, and can be used with Apple Pay or Google Pay. A “disposable card” is a virtual card that can only be used once. Once you’ve paid, the card details can’t be used again.

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