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Its my understandingn that Visa does offer the service to banks, they just haven't implemented it. There is to my knowledge no regulatory red tape, it's just no

Its my understandingn that Visa does offer the service to banks, they just haven't implemented it. There is to my knowledge no regulatory red tape, it's just not seem as profitable. The banks here in Denmark har just less competitive and more entrenched than in the US

kalleboo 4y ago
My Swedish bank (Swedbank) had this service from some time in the 00's up until 2017 when they discontinued it. So they were way ahead of the game but for some reason dropped it.
- fragmede 4y ago
  Was it a flash applet? Moving the tech forwards wasn't something Bank of America could manage to do, so they shut down their version (Shopsafe).
  - kalleboo 4y ago
    On the web it was a flash applet but they had an iPhone app as well
lxgr 4y ago
I wouldn't say that banking is particularly competitive in the US when it comes to technological/product features such as this. Out of several of my cards, only one issuer offers virtual/one-time use card numbers themselves.
fragmede 4y ago
Why would it be up to Visa/MC to offer the service, and not for the bank, which issues the cards, to implement?