Recently,I ran into a cantankerous wall called paypal.com. My problem was that they required me to verify my paypal account with a credit card or a debit card. These were the only two options available to me as Indian bank accounts are of no use at paypal.com. I had a debit card but it was not being accepted despite having a Visa logo and paypal's claim of debit cards being accepted. All this compounded my problems. The fact that getting a credit card, aged 19 here in India is easier said than done, not to mention the procedural road blocks. Foe instance one bank official told me to pay insurance premium for six months and then apply. I was interested in taking the painfully slow route as all my earnings from my writing would have remain trapped at paypal.com.
Someone suggested I go for a Virtual Credit Card that acts as a credit card but is only valid for online purposes. After much meandering in search of a VCC provider in India, I struck gold. I was enlightened with the fact that only one bank, the HDFC bank, provided a VCC service. There VCC is called the Netsafe Card. It is a much secure tahn your average hardcredit card. This is because it remains valid for a time of no more than 48 hours. So, even if your card details, the vital ones, are stolen you won't be at a huge loss. this is because the culprit might not be aware of the cap of 48 hours. Besides you can also set the limit. You can use your credit card or a debit card to create the Netsafe card, but only Visa cards issued by the bank are of any use. Though be cautioned that there are some fraudulent sellers of Vcc online. Who will solicit you by claiming to issue VCC's without even asking you for any financial details except for your card details. They claim to issue VCC's online to all and sundry regardless of their nationalities.
Disclosure: This post is sponsored by the PPP advertisers.
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