BoursoBank allows its customers to create temporary virtual cards for free
Already at ease on the subject of dematerialization cards, BoursoBank has once again enriched its services. Customers will now be able to benefit from a free, unlimited, temporary virtual card creation service to secure online payments. The 100% digital bank here carries an initiative in line with the current issues of online payment security and customer control.
FACTS
- BoursoBank has therefore just announced the provision of a free service allowing its customers to create as many temporary virtual cards as they wish, from their customer area or mobile app, in order to better secure and manage their payments online.
- These virtual cards generate at each purchase a temporary number separate from the actual customer card, limiting the risk of fraud in online purchases.
- Each card can also be configured and customized according to specific needs. Two options are proposed by BoursoBank:
- "Ready for use", to create a one-click ephemeral card to pay for purchases of up to €200;
- "Customized", to create a map that can be set up, whether for single use or not (and therefore potentially reusable), by choosing the name of the card, its visual, its validity date and a maximum amount of use.
- The new service is offered to all BoursoBank bank cardholders, both physical and dematerialized. Young people aged 12-17 (and clients of the Freedom offer) as well as BoursoBank's professional clients are also involved.
ISSUES
- Generalize a service : BoursoBank already included security mechanisms for online payments (confirmation via mobile app, alerts, etc.), but the instant and free creation of virtual cards for all was not a standardized native service. BoursoBank seeks here to generalize this feature to make it accessible to as many as possible, free of charge and without volume restrictions.
- Catching up on competition : Fortuneo or BNP Paribas For example, temporary virtual card issuance services were already available. Nevertheless, BoursoBank stands out here by opening its service largely, making it free and unlimited, and by relying on the empowerment of its customers.
- Meeting needs In a context of increasing e-fraud and e-commerce, this innovation fully meets consumers' expectations for security and autonomy. However, according toYouth Banking Observatory, an OpinionWay study highlighted by BoursoBank, more than half of the 18-24 year olds say they use a virtual card to pay for their purchases on the internet today.
PERSPECTIVE
- According to the last Annual report of the Monitoring Centre for Payment Security published by the Banque de France, The total amount of all-channel card fraud was EUR 496 million in 2023, up 7% from 2022.
- However, 71% of the value of card payment fraud relates to payments made on the Internet, while only 23% of the total amount of card transactions.
Traduit automatiquement via Libretranslate / Automatically translated via Libretranslate