What Is a Single Use Virtual Card?

Single use virtual card on Bujeti.

Uchechi Ukandu

Last Update 7 maanden geleden

A single-use debit card is a type of virtual card designed for a single transaction or a single use.

Unlike traditional debit cards that can be used repeatedly, a single-use debit card is generated for one specific purchase and becomes inactive after that transaction is completed. This added layer of security helps protect against fraud and unauthorized use.


Key Features of Single-Use Debit Cards:


  • One-Time Use: The card is valid for a single transaction, after which it cannot be used again.
  • Enhanced Security: Since the card details are only valid for one purchase, it reduces the risk of card information being stolen or misused.

  • Customizable Amount: You can set the exact amount to be charged, ensuring you don’t spend more than intended..

Example:

Imagine you need to make an online purchase for a software subscription. To protect your main account from potential fraud, you generate a single-use debit card with a specified limit of $100.


You use this card to complete the purchase. Once the transaction is processed, the card becomes inactive and cannot be used for any other transactions.

This way, even if your card details are compromised, the exposure is limited to that single transaction amount.


Using single-use debit cards can be a smart way to manage online purchases and protect your financial information from potential security breaches. 

You can also find out how to create a virtual card here.

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