7 questions about virtual bank cards

VIRTUAL cards are becoming increasingly popular as a preferred method of payment, not only for online transactions, but also in stores. Of South Africa’s major banks, Nedbank, Absa and Standard Bank already have virtual banking cards, Capitec has just introduced it and FNB’s card is due to roll out next year. For many of us, it’s still a bit of a struggle to get our heads around the idea of paying for things with a card on our phone rather than