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What is the difference between a virtual card and a physical card?

Differences Between Virtual and Physical Cards

Updated over a month ago
  1. Virtual Card: Ready to use upon application, no physical logistics involved. Primarily used for online payments (e-commerce, subscriptions) or binding with mobile wallets (Apple Pay/Google Pay) for offline contactless payments.

  2. Physical Card: Comes with a tangible physical card. In addition to all virtual card functions, it supports cash withdrawals at ATMs and card-swiping at merchants that do not support contactless payments (such as hotel deposits/pre-authorizations). The "Global Business Card" will be launching soon.

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