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The processor is making the merchant a loan in the good faith against the credit card charge that the credit card company will pay that charge. That makes ever single sale a liability for the merchant until the charge back period runs out which could be up to 6 months.
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Virtual credit cards are an excellent way to protect your personal information and your money.
. They gained momentum in the last couple of years primarily due to a couple of major hacks revealing the vulnerability of the traditional credit card system. Huge base of CC - Dumps with Pin - Fullz - Accounts - Paypal - Bank Logins. A temporary credit card or virtual credit card comes with a disposable card number expiration date and security code you can use in place of your actual credit card information.
Because of that temporary credit cards are a secure tool for making purchases from online merchants. How To Get a Virtual Credit Card With a US. Payment processing is actually a lending product.
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