TechInAfrica – Capitec has made a new movement that is revealing a virtual bank card for its customers. The virtual card is now available to register through the bank’s mobile app.
Since the number of fraud and online theft increased during the lockdown, the launching of virtual bank cards seemed to be the great chance for Capitec. In addition, the growth of e-Commerce users also brings the opportunity for the bank during the pandemic and lockdown.
Francois Viviers, executive of Marketing and Communications at Capitec said in a statement that every year, online shopping and digital payments are growing exponentially. While the smart users of digital payment quickly benefit from the flexibility and ease of the virtual bank card, the cards can bring fortune for those who are tired of the online transaction in the past. The bank virtual card provides convenience for digital payment without worrying about the card fraud.
By using the virtual card, customers can make the secure payment and purchase online products they want. In addition, they can use the virtual card for scanning to pay transactions and load payments onto apps like Netflix, Takealot and Uber.
Clients of Capitec are able to make the virtual card for free by downloading it from the application without visiting the branch. This new, virtual debit Mastercard, is connected to a client’s Global One account, with the quality to control its limits via Capitec’s mobile application.