Virtual cards, also known as virtual payment cards, are a digital representation of a physical credit card. They are created and managed through a virtual card provider, such as PST.NET, which provides media buyers with virtual payment cards from US and European banks. The popularity of PST.NET in the affiliate marketing industry has been growing rapidly in recent times.
For affiliate marketers, the use of virtual cards can provide a number of benefits in terms of managing financial risks. One of the key benefits is increased security. Virtual cards often have unique card numbers, expiration dates, and security codes that are different from the user's physical card. This makes it much more difficult for fraudsters to steal and use the card information. Additionally, virtual cards can be easily cancelled or replaced if the card information is compromised.
Another benefit of virtual cards for affiliate marketers is the increased control and visibility they provide. Virtual cards can be set up with specific spending limits and expiration dates, making it easier to track and manage expenses. Additionally, virtual card providers like PST.NET often offer detailed transaction reports, making it easier to see where and how money is being spent. This can be especially useful for affiliate marketers who need to track expenses for multiple clients or campaigns.
Virtual cards also help to ensure compliance with the company's policies. Virtual cards can be set up with rules and restrictions that enforce a company's expense policies, such as preventing certain types of transactions (for example by mcc codes) or setting spending limits. This helps to ensure that employees are not misusing company funds and that the company is in compliance with legal and regulatory requirements. This can be especially important for affiliate marketers who need to ensure compliance with client or industry regulations.
In addition to the benefits for affiliate marketers, virtual cards can also provide a number of benefits for plain users. One of the main benefits is increased security. As mentioned before, virtual cards often have an increased level of security compared to usual plastic cards and can be easily cancelled or replaced if the card information is compromised.
Another benefit for plain users is the convenience and flexibility that virtual cards provide. Virtual cards can be used for online purchases, recurring payments, and other transactions where a physical card is not present. This makes it easy to make purchases from anywhere, at any time, without a need to carry a physical card. Additionally, virtual cards can be used to set spending limits and expiration dates, making it easier to manage expenses and avoid overspending.
Finally, using virtual cards can help plain users to keep their financial information more secure, as they don't have to provide their credit card information to multiple merchants, and if a merchant gets compromised, the user's information is not at risk.
PST.NET provides its users with the opportunity to get their first virtual card in about 5 minutes, and to deposit with crypto (USDT, BTC) or traditional methods such as Visa & Mastercard cards, as well as with bank transfers (Swift, SEPA). There is an option to withdraw funds, withdrawal amount must exceed $500. Deposits are made instantly, without involving customer support. There are 6 types of cards available for different purposes (advertising, online shopping, etc) and there are cards with 3D-Secure support (SMS confirmation codes that will appear in a personal account and Telegram-bot). There are no limits on the number of cards or spends.
What's more, PST.NET offers advanced functionality for teamwork, and users can get acquainted with those features after getting a Master Account status. Master account users can invite and dismiss team members, manage their roles, set team members’ limits, do instant cards and funds transfers between members' accounts and use top-up request system.
In conclusion, virtual cards, such as those provided by PST.NET, are a digital representation of a physical credit card, they are created and managed through a virtual card provider and are linked to a user's existing credit card or bank account. They can be used for online purchases, recurring payments, and other transactions where a physical card is not present. For affiliate marketers, virtual cards can provide a number of benefits in terms of managing financial risks, such as increased security, control, and visibility over expenses, and ensuring compliance with company policies. Additionally, for plain users, virtual cards can provide increased security, convenience, flexibility, and control over expenses. Furthermore, virtual cards can keep financial information more secure. PST.NET, in particular, has been gaining popularity in the affiliate marketing industry due to its fast card issuance process, wide range of deposit options, and advanced teamwork features. The service also offers various types of cards for different purposes, with 3D-Secure support and no limits on the number of cards or spends. Furthermore, PST.NET also offers a private program for high turnover users and affiliate marketing teams with attractive conditions, such as 100 free cards for test, a very low price on all additional cards ($1), and a top-up fee of only 2%.