What is a VIRTUAL credit/debit card? (2021)

3 years ago
119

Credit cards are a notoriously insecure means of payment and credit card fraud is one of the most common types of identity theft in the US. We give out our credit card number constantly without even thinking about it, and with it our name and home address.

Enter Virtual Credit Cards: they're like a VPN for your credit card. No more revealing private information to every stranger from whom you want to make a purchase. No more handing out the keys to the kingdom that allow anyone to draw money from your account.

Crypto is my preferred means of payment because you retain sovereignty over your money, you can have much better financial privacy, and you can save a bunch of money if you use services like Purse.io, Bitrefill, and Dash Direct.
BUT...
Some people are not yet ready to take the plunge completely into crypto. So if you enjoy the world of recurring payments and credit card purchases but are looking for a more private option, VIRTUAL credit cards may be for you!

In this video, Josh Summers from “All Things Secured” explains how virtual credit cards work and why they're great for giving back some privacy and control over your money.

00:00 - Intro
00:55 - What are Virtual Credit Cards
01:18 - Increased Privacy
02:22 - Prevent Credit Card Fraud
04:53 - Manage Subscriptions
05:49 - Caveats

You can check out Josh's channel here for more awesome tips on privacy! Thanks for joining us, Josh!!
https://www.youtube.com/c/AllThingsSecured

Brought to you by NBTV members: Lee Rennie, Will Sandoval, Emily Kotow, Ogar, and Naomi Brockwell

To make a tax-deductible (in the US) donation to my channel, visit https://www.nbtv.media/support

Sign up for the free cryptobeat newsletter here:
https://cryptobeat.substack.com/

Beware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.

Visit the NBTV website:
https://nbtv.media

Watch this video on Odysee:
https://open.lbry.com/@NaomiBrockwell:4/What-is-a-VIRTUAL-credit-card:c?r=65CZ4khtLVosPYvDbjTstVZydgm3NDF8

The service I tried in the video was Privacy.com:
https://privacy.com
Other services include:
https//wise.com
https://albine.com
Also check with you bank, as some also offer virtual card options

Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
https://amzn.to/2UQmJ4m

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
https://amzn.to/2nWyNns

Faraday bag (signal stopping, to protect your fob, credit card, computer, and phone)
https://amzn.to/3DjIvCP

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Turn off your wifi and bluetooth when you're not using them!!! (or don't use them at all)

Loading comments...