Virtual Cards: Flexible Way To Simplify Your Business Journey

Jul 8, 2022 | Virtual Card

Zil is a financial technology company, not a bank or an FDIC member. Zil offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.

Doing business on a budget doesn’t mean giving up the quality; it means managing and looking into your businesses using effective strategies and solutions. Suppose you are ready to start your own business, freelance work, or start-up. In that case, you don’t have to worry about traveling to nearby banks and the hazards of waiting for virtual debit cards. Zil offers virtual debit cards; you can add your smartphones or smart watches and use them instantly. Moreover, Virtual cards are secure and safe. With it, you can shop online or at any merchants that accept visa cards and have contactless technology.

What Is the Difference Between Virtual, Disposable, and Digital Cards?

A virtual card is stored on your phone that may be used to make contactless payments in stores or online. It has its own unique card number, expiration date, and CVC. Your phone stores a digital copy of your actual bank card referred to as a “digital card”. Digital bank cards are compatible with payment apps. They have the same card number, expiration date, and CVC as your actual bank card. Virtual cards with single-use restrictions are referred to as “disposable cards.” A virtual card can only be used once; the card information is no longer valid after you make a purchase.

What Are the Benefits of Virtual Cards?

Virtual cards function precisely like real bank cards; they only reside in your phone’s digital wallet rather than your actual wallet. Secured by encryption, virtual cards offer a safe and convenient way to pay online and in-store.

-Leave your wallet at home

Companies like Zil offer virtual cards. These cards are secure, simple to use, and free from the inconvenience of carrying your wallet and cash around.

-Instant activation

Companies like Zil offer virtual cards. These cards are secure, simple to use, and free from the inconvenience of carrying your wallet and cash around.

-Stay in control

Virtual cards are accessed from your phone and can be locked or unlocked instantly.

-Manage subscriptions

You can use Zil virtual card for your recurring subscriptions that you can lock or make accessible as needed.

Can I Have Multiple Virtual Cards?

How many virtual cards should you use? You can have multiple virtual cards for your business on a single account. It will help you run your business easily by issuing those cards to multiple employees and putting spending limitations. Additionally, it will help you keep a firm hold on your business’s budget when making payments. Issuing multiple cards to specific team members will also help you note expenses made by each member, which will benefit your business’s future.

Are Virtual Cards Safe?

All virtual debit cards are electronically encrypted to protect people from fraud. 3D Secure protects you from banking fraud through two-factor authentication when making online payments. Using these cards instead of cash transactions can help you better track how your employees spend their money.

Virtual Cards: Seamless Way to Manage Money

Zil is proud to provide home bank service for people without physically visiting a branch. Many people have turned to digital banking because it has become such an important element of life. It has helped people shift to digital banking by providing instant service beyond the normal postal service disruption. Zil is excited about advanced banking facilities and features for your banking experience!

Get in Touch

(408) 775-7720

Make a call directly with our customer support team to make it instantly.

Mail to us to solve any queries you have with Zil.

111 N Market St, San Jose, CA 95113

Po Box 6543, Tyler TX 75711

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