This is the latest in the attempt to curb credit card fraud on the internet. It’s actually a very ingenious idea that’s use is rapidly growing as more and more consumers have fallen victim to credit card fraud. Check with your bank or your credit card issuer to see if they offer an online credit card generator. This online credit card generator service takes your account information once you’ve securely logged in and it will tie it to a temporary or single use credit card number. This is the most useful tool available when you want to make an online purchase but don’t want to put your real credit card information in the forms online. Most of the larger credit card issuers are offering this service to their clients now at no charge. It is actually a protective measure for not only the card user but the card issuer as well.
Let’s say you would like to make a purchase online from a company you’ve never heard of before and you don’t have a credit card. By using the online credit card generator you can create a credit card number to use for that purchase and attach it to your debit card,all the while keeping your actual debit card information safe and secure. There are also ways to use that online credit card generator to limit the amount of the transaction that can take place on that temporary card number. This bonus layer of protection you get by using a service that will give you a temporary card number is invaluable. If for some reason,the vendor that you made your purchase from happens to experience a security breach and card numbers are stolen,you can rest comfortably knowing that your account will not be of any use to anyone! That is the beauty of the temporary card. It’s got a limited use,usually has a dollar figure limit that you attach to it and is only valid for the purchase you generate the number for. Simple as that. So when a hacker or thief tries to use the card number you used for your purchase,guess what,it isn’t going to get them anywhere.
So before you make your next online purchase,check with your bank or card issuer to see if they have a program that will give you a temporary card number to use online for security purposes. If not,you can suggest they check into that type of software to protect not only themselves but their customers!