Skip to main content

Revolut launches disposable virtual cards

revolut-card-v2Fintech  startup Revolut is launching a new type of virtual cards — disposable cards for online purchases. While you could already generate additional virtual cards for a fee, this is a different kind of virtual card as it gets destroyed after each transaction.
If you usually shop on Amazon or if you have a Spotify subscription, those services first asked you to enter your card number and they keep charging the same card.
But what if you end up on a dodgy-looking site but you really want to buy that funny pair of socks? Chances are you won’t ever purchase anything again on this website. And you don’t want to give them your actual card information.
Now, you can generate a virtual card in Revolut  and enter it on that weird site. After the transaction, Revolut will disable this card forever. If the website wants to charge you again, the transaction will fail.
And if you’re on a shopping spree, Revolut generates a new disposable card seconds after the existing one is used. So you won’t be able to use those disposable cards for online subscriptions and recurring payments. But disposable cards can be useful to prevent fraud. You need a premium subscription to access disposable cards.
There’s no change to permanent cards. When you create a Revolut account, you get a virtual card for free. You can get a physical card for £5/€6 or you can subscribe to a Revolut Premium account to get it for free. Additional cards (physical or virtual) cost £5/€6, with a maximum of five cards in total.

Comments

Popular posts from this blog

Pandora’s loot box: the legal ramifications of microtransactions game makers

The landscape surrounding microtransactions in video games continues to evolve at a pace outstripping the law’s ability to keep up. Just months after enduring public outcry over an extensive loot box system in  Star Wars: Battlefront II , EA Games has announced a  complete overhaul  that eliminates the ability to purchase in-game items that impact gameplay. Meanwhile, the Entertainment Software Regulatory Board, the self-regulating agency created by the Entertainment Software Agency, has now weighed in on the mounting controversy over microtransactions, but its response is only a  new “In-Game Purchases” label  on “games that offer the ability to purchase digital goods or premiums with real world currency.” Rapid industry changes and the absence of a clear regulatory environment may leave developers with a wild west sense of lawlessness. But lack of regulation does not equate to lack of legal exposure and the battlegrounds most likely to shape rules re...

Waze officially launches its ad program for small businesses

With the launch of   Waze Loca l, Google-owned navigation app   Waze  is offering small businesses a way to market themselves to consumers  on the road. Waze has  allowed larger brands to buy ads  for years, and it’s been beta testing Waze Local since 2016. “It’s been a gradual strategy,” said Matt Phillips, who leads the Waze Local team. “We wanted to get it right.” He added that the key is understanding the needs of small businesses — like the fact that most of them are more interested in driving traffic to their physical stores than their websites. As Phillips explained it, Waze Local’s “core ad format” is the branded pin, which will appear on users’ screens as they drive near a store’s location. For some advertisers, such as coffee shops, a branded pin might persuade drivers to make a quick detour before they continue their commute. For others, the pin might not lead to an immediate action, but it still helps build awareness. In addition, Wa...

How to Make an Invisible File

How to Make an Invisible File Method 1 Hiding Your File (Windows) 1 Right-click your desktop.  You'll need to create a regular file here first. 2 Hover over "New". 3 Click a file type.  "Folder" or "Text Document" are quick and simple choices. 4 Type in a name for your folder. 5 Hit  ↵  Enter . 6 Right-click your file. 7 Click  Properties . 8 Check the "Hidden" box. 9 Click  OK .  Your file is now hidden, meaning it won't show up in search queries or your File Explorer app; however, if you create a regular folder in the same directory with the same name, it will rename itself to be "Filename (2)", which betrays the fact that you have a hidden folder in that directory. Your file is also literally invisible unless your computer is currently displaying hidden files and folders. Method 2 Finding Your Fi...