A virtual credit card is a type of prepaid card that can be used to make purchases online and in-store. Unlike traditional credit cards, they don’t require you to provide any personal information such as your name, home address, or social security number when applying for the card.
The world of payments is undergoing a major transformation. In the past, you had to make payments using your card and cash, but now you have options. One of these options is Bank Transfer Payment which offers consumers more flexibility than POS systems.
Most times when businesses talk about receiving payments the first thing that comes to mind is POS, but is POS really the best way to receive payments for your business?