AirTM Virtual Cards: A Convenient and Secure Solution for Online Transaction

 

1. Introduction

AirTM recently launched virtual cards in some countries. These cards are Visa cards that operate online. Currently, virtual cards cannot be accessed or used when in physical form. AirTM virtual cards offer a variety of benefits to their users. There are also a variety of features that have been put in place to enhance the security of the users when using virtual cards. These cards are also a very convenient way for one to make payments and do business. It is also very easy to access these virtual cards once one opens an account with AirTM. This introduction has information on the use and functions of the virtual cards. The cards can simply be described as prepaid cards which can be used to make payments online. These payments can be for online goods or even services. One can also use the AirTM card to carry out any online activity that requires the use of a Visa card. Since the virtual cards work in the same way Visa cards work, it is also important to understand how the Visa card operates. The advantage of the virtual cards, as well as other information like the applicable fees and how one can check the status of the virtual card, are provided. Users are provided with a new CVV and PIN every time they create or regenerate a virtual card. This feature ensures greater security for the user’s accounts. It may also be possible to disable a card if one suspects that it has been compromised. Every transaction that is carried out by a user is usually verified using the PIN. The system that is used to offer the PIN usually depends on the system that is used by the user’s phone. This means that the security aspects that have been put in place are so advanced that it is not even possible to pick a specific PIN that one can easily remember. This agency provides a variety of online services such as designing a personal professional resume. With the virtual cards, making a payment for these services online would be made easy and faster.

1.1 Benefits of Virtual Cards

Finally, users can create multiple virtual cards at any one time, and give them a specific name and spending limit. This is a major advantage for budgeting and managing money. For example, if a user has had a particularly successful month in their small business and the profits are paid into their AirTM account, they can create a new virtual card named ‘Stock’ and allocate all the profits to that card. By doing this they effectively ‘ring-fence’ that money from their everyday spending, something that is not always possible to do with a standard bank account or linked debit card.

Another major benefit is that AirTM virtual cards never expire. This is particularly useful for people who may be travelling for longer periods of time and do not want to carry round large sums of money. It also means that users do not have to worry about transferring balances from one virtual card to a new one because the current card is close to expiring. It is also useful for AirTM as a company because sign-up incentives and referral bonuses, which often credit funds to users’ virtual cards, will not be lost if the card is nearing its expiry date.

AirTM virtual cards come with a number of benefits that make them stand out. First and foremost, they can be used anywhere in the world that accepts Visa, MasterCard, American Express, or Discover. This means that users are not restricted to only using their virtual cards online, as is the case with some other virtual card providers. They can also be used in shops, restaurants, and ATMs while abroad. This solves a problem that many people face when travelling, as changing currency can be very expensive, and using their standard bank cards abroad can lead to high fees and charges.

1.2 Security Features of AirTM Virtual Cards

Airtm’s virtual cards focus more on cybersecurity, which is a chief concern for clients and firms alike, than the regular bank-issued credit or debit cards. To begin with, every Airtm virtual card is connected to a user’s account on the Airtm platform. The user always has the option to freeze or delete the card from their account, whereas on a regular card there is no such feature. This is an important feature for a number of reasons. If, for example, a card is lost or stolen – a common issue for most card users – the consequences are not so far reaching as with the loss of a regular card. Scammers and dishonest individuals often take the opportunity to use a lost card to make purchases or even to steal a person’s identity. On the other hand, the theft of a virtual card means, in most cases, the thief can do nothing with it because of the added security checks envisaged by the system. Each card uses a different sequence of code to register individual transactions. As such, virtual card customers avoid the possibility of being defrauded as a result of using the same code or the card’s details being intercepted and copied during a transaction as can happen with the static security codes used for regular cards. All these are automatic features of the virtual card system and, as such, the security level is significantly higher than for the usual plastic alternative – all of which gives Airtm users peace of mind and a safer way to deal with their finances.

1.3 Convenience of AirTM Virtual Cards

However, much like the perpetuated belief that online stores provide their customers the added convenience of shopping from wherever and whenever the customer wants, the sheer practicality of virtual cards computationally and also materially requires both mutual trust and reliance on the speed of the internet between seller and buyer. Unlike the world of face-to-face contacts, materials and cash in hand, where processed card payments usually take between one to three days to clear, purchase orders of virtual cards and their subsequent delivery to the customer often takes less than one minute – a service provided by AirTM. The emphasis on time when it comes to defining ‘convenient’ in the Cambridge Dictionary as something suitable for your purposes and causing very little difficulty essentially highlights the attraction of virtual card providers such as AirTM. Both the product customers and the company itself benefit from a fast-acting payment system whereby products are advertised in a manner that does not depict the drawbacks of slower card payments, and that the company can also rely on a quicker and perhaps more desirable ‘shopping-basket-to-checkout’ dynamic without having to worry about the implications of sudden mass purchases that somewhat slower card payment systems struggle to deal with.

2. How to Get Started

After providing all the required details, your account will be verified and the main wallet page will be displayed showing your wallet ID, your current balance and your earning average every 30 days. You will also be able to view your wallet address and your earnings transactions to the right hand side of the wallet page.

Upon logging in as a new user, you will see prompts requesting you to start your verification and fund your AirTM account. If you do not see these prompts, you might do so by visiting the Settings and then clicking the option on starting verification. You will be prompted to provide your name, date of birth, address, and mobile phone number all of which are part of the verification process. Kindly note that the details you provide must be your actual details as they appear in your identity document because you will need to use the same details when applying for the Virtual MasterCard.

To start your journey to having your AirTM Virtual Card, you need to have an AirTM account. You can do this by visiting the official website of AirTM and following simple instructions to sign up. You need to provide your email address and a password that you will be using to access your AirTM account. After providing this info, an email message containing a link will be sent to you for the verification of your email address. You will not be able to log in to your account before you complete this step.

2.1 Creating an AirTM Account

To create a virtual card on AirTM, you must first have an account with the platform. You can do this by visiting the AirTM website and clicking on the ‘Log In’ button in the top-right corner of the screen, or by going directly to the registration page by following the link provided in the virtual card section of your AirTM account. The registration form requires you to enter basic personal information such as your name, email address, date of birth, and citizenship, as well as create a password for your account. Once you have filled in the required information, click the ‘Sign Up’ button at the bottom of the form. This will send a confirmation email to the email address you provided in the registration form. You will need to open this email and click on the link provided in the email to verify your email address. Please note that this email will have been sent from the address ‘no-reply@help.airtm.com’ and may land in your junk or spam email folder. After you have verified your email address, you can log in to your AirTM account using the email address and password you provided when filling in the registration form. When you have logged in, you will see your AirTM account dashboard and a notification that indicates that your account has been created successfully. This means that you have successfully created an AirTM account and you are now ready to apply for a virtual card.

2.2 Applying for a Virtual Card

Although the application process requires that you wait for approval, actually executing the application will take you hardly five minutes of your time. First, navigate to the “Virtual Card” tab and click on “Get Your Card Now”. The system will begin by displaying the terms of service for your virtual card. After reading, you will need to confirm that you agree to abide by the terms of service and you will jump to the next step of the application process. The next step will be to select a funding source for the virtual card. Each user will choose one of the options available so that virtual card deposit can be successfully made. Finally, users will be required to create a unique PIN number for the virtual card. Once the PIN is accepted by the system, you will receive a confirmation that your application has been successfully submitted and the system will notify you as soon as the application has been reviewed and approved. The step by step sequence is to read the terms of service, select a funding source, set the initial virtual card funding and then the creation of the unique PIN number. In the event you encounter any problems in the course of applying for the card or you have any questions, feel free to interact with the AirTM live support system. This option is under the application message and makes it easier for you to explain your issues to the “guru” on the other side who will be more than willing to help you.

2.3 Linking Your Virtual Card to Your AirTM Account

When your AirTM virtual card arrives, you’ll need to link it to your AirTM account before you can start using it. Here’s how to do that. When you initially fund or load your virtual card with money, the funds will appear on your virtual card and the ‘Available Balance’ will be updated in your online AirTM account. Then, you can link your virtual card by logging into your account and following the on-screen prompts to enter your virtual card number and three-digit security code. You can use your virtual card number to make purchases wherever Mastercard cards are accepted. Just make sure you have enough money loaded on your virtual card. To check the funds on your virtual card, you can view the ‘Details’ in your online account. After you make a purchase using the details of your virtual card, the ‘Available Balance’ will be updated instantly in your online account. If you would rather seek help from someone from the AirTM team, you can call the AirTM Customer Service team. This team is there to help, and their contact details can be found in the Help and Support pages of the website. Also, if you’re linking your card via the mobile app, you also have the option to use photo check. This allows you to take a photo of your virtual card and the image can be used by AirTM to confirm your virtual card number and details. This means you don’t have to type any details in, just follow the on-screen instructions and your virtual card will be linked before you know it!

3. Using AirTM Virtual Cards

When you are ready to make a purchase, it’s important to ensure that you have enough money on your virtual card to cover the cost of the purchase. Because the card number is different from your physical card, you can’t begin to use your virtual card until you’ve logged into your account and found your virtual card number. When making any online purchase, you will be able to find the virtual card number, expiration date, and CVV code in the same place. Most companies will ask you to provide the expiration date and CVV code, along with the card number, to complete a purchase. By providing this information for each purchase, you can extend the life of the balance on the virtual card. When you add the card number to your online account, you may need to look for a section called “Add a card,” “Bulkload,” or “Recurring Load.” This is so the company can recognize the card and store it for future payments. If you would like to move the balance from your virtual card to your physical card or bank account, you will need to make a “transfer” through your AirTM account. Just select the virtual card as the “From” account and either a bank or the physical card as the “To” account, enter the amount, and press “Continue.” This will move the balance to the selected account. It is important to keep track of your purchases and balances. By using the transaction history section, which can be found on the left-hand side of your account under the tab labeled “More,” you can see every purchase and addition of money to a virtual card. This will allow you to check whether a payment has been successful before you close down a payment page, and it will help with working out the remaining card balance after a purchase has been made. Tracking your transactions through your AirTM account is a more secure way of monitoring purchases, as you will not need to share this information with the companies you are buying from.

3.1 Making Online Purchases

To start, making a purchase online with an Airtm Virtual Card is seamless. After choosing the item you wish to buy and adding it to your shopping cart, proceed to check out and choose ‘credit or debit card’ as your payment method. Next, enter the 16-digit card number at the front of your Virtual Card in the space provided; then complete the transaction by adding the expiry date of the card, the CSC (Card Security Code) and your name as it appears on the card. The whole time you are shopping online using the Airtm Virtual Card, you will realize that you have the flexibility and independence to buy everything on your own time and as you enjoy tight security with every transaction. Unlike many other cards that require you to use your personal data on them, the Virtual Cards are stand-alone cards, meaning they do not have any link to an issuing bank account and a hack to the card’s system will never lead the theft of sensitive personal data. Also, the anonymity brings the freedom to safely shop online without the worry of sharing your personal data to merchants, some of whom may not have the best intentions for it. Lastly, if in the rare event your card’s information is stolen, sharing repulsive pictures and bad text of a dating profile for money or used for the purposes of committing a crime; the forever growing paranoia in Great Britain caused by anti social behavior and even spending on something that you didn’t even give consent to, any financial risk arising from such a theft as a result of using your personal data on the card doesn’t exist at all. When shopping online, not only is it a pleasurable experience the likes of a sport, but also the payments are straightforward and the receiving orders.

3.2 Managing Your Virtual Card Balance

When you visit the Airtm website and log in to your Airtm account, it doesn’t take long to begin to grasp the unique features that make it such a convenient platform for people all over the world. Anyone from professional freelancers to people who have family members working in another country and need to send money home can use Airtm and its virtual cards. From the moment that you access your virtual card, you’ll see the options to deposit money to your virtual card or withdraw money from it. Each of these functions asks you to select the specific currency you’re interested in and then confirm the amount. By utilizing linked methods of payment such as a credit card or a direct bank account (that must first be verified for security reasons), it’s incredibly straightforward to move your money around within minutes. Every time you complete one of these transactions, whether it’s depositing cash to your virtual card or utilizing it for an online payment, a record of the transaction is generated and is displayed for your reference. However, should you ever need to view a consolidated list of all the purchases you’ve made online during a certain time period, the Airtm platform gives you the capacity to check the detailed history of your virtual card.

3.3 Tracking Your Transactions

Also, with fewer pieces of personal information being exposed during a virtual card transaction in comparison to traditional online banking, your personal security and identity protection will be significantly enhanced. This is a proactive approach that can effectively shield you from risk events of fraudulence and identity theft.

Furthermore, because virtual card transactions are linked to your AirTM account, you will automatically brush aside the daunting process of updating new transactions and managing transactions with merchants through the traditional online system. Say goodbye to spending money on reams of paper, heavy binders and printer ink because everything will be digital and paperless. Plus, with a faster and more efficient system, you are making a positive contribution towards saving the environment.

All virtual card transactions are logged into your AirTM account and it is also possible to download transactions and create transaction reports for a specific period of time. Transaction reports can be used in many ways such as for record-keeping, expenses and budgeting, managing and offering an oversight to family members. This means that with virtual card transaction reports, you will be better informed with the tracking activity and in total control of your financial situation.

Virtual cards have superior transaction tracking features compared to conventional debit and credit cards. As soon as a transaction is made using your virtual card, you can view the transaction status, location, and amount spent right from your AirTM account. This not only offers the convenience of knowing when and where every transaction takes place, but also functions as a security feature to alert you of any unauthorized transactions.

3.4 Setting Spending Limits and Restrictions

You can take control of an AirTM virtual card balance. You can register a card using the Cashplus mobile app or web application. Once your card is registered, you can allow and disallow transactions to your card. For example, if you only want to use your virtual card to make online purchases, then you can switch off withdrawals from ATMs and switch off gambling transactions or only allow commercial retailers. Also, if you are giving your children a card to use, you can view the card and transaction details at any time. In order to register a new AirTM virtual card, simply go to ‘Register a card’ in the application and follow the instructions. Also, you should always make sure that the full and correct long card number is being registered, this is the 16-digit number on the front of the card. If you find a lost registered card, you can unregister it at any time and any money held in the card account will be protected up to the last full successful transaction. In addition to that, you can set a spending limit of 800 USD on an AirTM virtual card. You can ‘boost’ the balance up to 1000 USD but only for 30 days if you are making an international transaction. Also, the maximum balance on an AirTM virtual card is 2500 USD, and the spending limit can be changed by you at any time using the Cashplus mobile app or web application.

4. Frequently Asked Questions

When it comes to managing funds with AirTM Virtual Cards, it is not surprising that questions may arise on the user’s side of things. That is why information about the frequently asked questions is important for the cardholder to understand how to use the card effectively. All these frequently asked questions are meant to provide the most effective help procedures available for the user in ensuring that they obtain the best experience in using AirTM Virtual card. The aim is to help the customer make informed choice with regard to their needs for the AirTM Virtual Card and in the process enabling them to explore the many possibilities in terms of financial transactions for the busy online activities. The key to maximally enjoying the services and convenience brought about by the AirTM Virtual Card is making sure that the relevant frequently asked questions as provided in this section have been understood. It is highly recommended that one should read through all of them so that in the event they encounter any technical problem, they are in a better position to make an informed decision that is likely going to resolve their needs promptly. By looking at all the information that is contained in this section, the user should have the confidence that in the event of any glitches, they can be sorted out promptly with provision of the information contained therein. These frequent asked questions help the user to get insights in terms of understanding the various functionalities of the AirTM Virtual card which are highly efficient in terms of ensuring continuous and reliable services. Last but not least, the user is presented with variety of options and guide in relation to making orders, knowing about transaction fee, how to check the card balance and what to do in case of any fraudulent activities on their AirTM Virtual Card.

4.1 How do I add funds to my Virtual Card?

Transferring funds from your AirTM balance to your Virtual Card is easy. All you have to do is to log in to your AirTM account and go to the “Cards” tab. Select the Virtual Card to which you would like to add funds, and then click on “Add Funds”. At this point, you will be asked to select the balance that you want to transfer to your Virtual Card. Once you have done so, the funds will be transferred instantly, and you will be able to start using your Virtual Card for online and offline purchases wherever Mastercard is accepted. This includes point-of-sale transactions, phone and mail orders, and, of course, online shopping. Also, you can use your Virtual Card to withdraw money from any ATM operating within the Mastercard network all over the world. Remember that every time you add funds to your Virtual Card, a transaction fee will apply. The fee will not decrease the amount of the transfer. It is charged separately on each funds transfer operation. When you request to add funds from your AirTM balance to your Virtual Card, AirTM charges you a 2% fee on the transferred amount. On the screen in which you select the amount to transfer, the fee will be shown in USD; however, the transfer will be made in your wallet’s currency at the exchange rate applicable on the date the operation is performed. Please check the withdrawal limits applicable to your Virtual Card. Also, keep in mind the amount of funds that you may have in your Virtual Card as well as how much money you can transfer to it. This will protect you from breaking any regulations set forth in relation to applicable Anti-Money Laundering and Counter-Terrorist Financing rules. By now, you should have EUR, USD, and/or GBP in your AirTM wallet and you may link Virtual Cards that are denominated in any of these fiat currencies. However, always make sure that funds are available in the specific balance of the wallet when you request to make the transfer.

4.2 Can I use my Virtual Card for international transactions?

Yes, you can use your virtual card for international transactions as long as the card is enabled for international use. International transactions are those that are made across country borders and also when you conduct online transactions with a website or payment gateway that is located in another country. Once requested, the virtual card will be automatically ready for use in international e-commerce websites that accept VISA cards. Please note that although virtual cards can be used overseas the same way a physical card can be, they will not work outside Bolivia because they obey the same geographical restriction of the main balance. The card will only work internationally if it has previously been accredited by the bank advertiser. This usually involves sending an inquiry to verify the requester’s information and might take around 24 or more hours. Also, the corresponding virtual card, whose information can be unveiled through the AirTM platform, will have its own information updated in accordance with international e-commerce standards.

4.3 What happens if my Virtual Card is lost or stolen?

If your virtual card is lost or stolen, contact our customer service department right away at cards@airtm.com. Our group of virtual card sales consultants will then instantly revoke your digital card so that it cannot be used fraudulently. We can then organize for an alternative digital card to be sent out to you. This alternative card will arrive locked and so you may want to go browsing to AIRMONEY and generate a PIN to liberate the card. If you propose to do that, please make sure that all modern digital cards, including the misplaced or stolen card, are first eliminated from your online account by deciding on ‘Manage Cards’ after which trashing any digital cards you do not require. Please observe that the alternative digital card can also no longer be despatched if there is much less than a month to run on the current card; maybe it’s been lost. We operate an insurance-based method for regulating substitute digital card fee. This capacity that you can qualify for a free substitute digital card after a two-year length from the difficulty date of your modern-day digital card. We can furnish small print of this insurance plan and how it applies to your digital card, however please notice that this is a summary of the terms. If you choose more significant product information, please contact us by email. We want to acquire your personalized card earlier than we can refund the stability to you. However, if you can show that a disputed transaction used to be no longer approved via you will no longer the place the cardholder is involved in the transaction, it ability that the extraction used to be no longer entered wrongfully or the infringement used to be no longer due to both your gross negligence or fraud, then the terms and conditions permit you to be refunded earlier as described below. If you want information on how to get better a transaction.

Links :-
AirTM Website https://airtm.com/en/
AirTM Security https://help.airtm.com/en/support/solutions/47000519337
AirTM Support https://help.airtm.com/en/support/home