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December 27, 2004 06:43 AM

Perishable Credit Card Numbers Take The Fear Out Of Web Shopping


Excerpt: Several major credit card issuers, including Citibank, are offering customers the option of shopping online with virtual, single-use credit card numbers, which expire within one or two months.

　 　

Outsmart online thieves with virtual credit card numbers.

Several major credit card issuers, including Citibank, are offering customers the option of shopping online with virtual, single-use credit card numbers, which expire within one or two months.

The aim? To thwart hackers by using a different, random card number every time you shop online. A virtual number is only good on the Web site where you made your purchase.

"There's no value to the number to any hacker," says Amy Radin, director of e-business for Citi Cards, "because they can't take it anywhere else on the Web."

An online purchase made with a virtual card number shows up on a customer's card bill just like any other purchase. Some issuers even list the virtual card number next to the charge.

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Read all 26 posts in the same category of Credit/Credit Card:

Capital One Sued Over 'Deceptive' Ads - Jan 01, 2005
Frequent-Flier Cards Delay Fee Collection - Dec 27, 2004
It Pays To Surf For Auto Loans Online - Dec 27, 2004
American Express, Citi Ink Deal - Dec 26, 2004
Citigroup Says It Will Issue American Express Cards - Dec 17, 2004
MBNA Pitches Rival Visa Card - Dec 14, 2004
Credit Card Loyalty Put to the Switch Test - Dec 09, 2004
Credit Cards Offer Safety In Buying Online - Dec 06, 2004
How to Deal With Your Debts - Dec 04, 2004
FACTA & Your Credit - Dec 03, 2004
Warning On Internet Loans - Dec 02, 2004
High Court Sets Truth In Lending Limit - Dec 02, 2004
Free Credit Reports May Reveal Surprises - Dec 01, 2004
Free Credit Reports Coming, With Pitches - Nov 30, 2004
Teens Need To Embrace Identity Protection - Nov 30, 2004
What to Do About Your Credit - Nov 29, 2004
A Generation Weighed Down By Debt - Nov 28, 2004
7 Ways to Improve Your Credit Score - Nov 25, 2004
Free Credit Report Details Announced - Nov 25, 2004
One Late Payment Can Hit Finances Hard - Nov 25, 2004
Free Credit Reports Are On The Way - Nov 23, 2004
Card Debt - Nov 22, 2004
Soaring Interest Compounds Credit Card Pain for Millions - Nov 20, 2004
Gas Cutter - Nov 02, 2004
Payment Rates - Nov 02, 2004