3 ms·
US credit card issuers went through the phase of offering disposable credit card numbers 15-20 years ago. And about 10 years ago they started to discontinue thi
by woobar 5y ago
US credit card issuers went through the phase of offering disposable credit card numbers 15-20 years ago. And about 10 years ago they started to discontinue this option.
I think major selling point was preventing fraud, and it was a hassle for a consumer. I.e. consumer have to proactively generate virtual CC every time they pay over the Internet. Which is a pain point especially on mobile. Zero liability solved the problem for the majority of users with less friction.
With regards to subscriptions virtual credit cards are not always a solution. If you have signed a contract and then your card "expired" it doesn't magically make your contract void. I know that gyms will keep billing you and eventually will sell you to collectors.