A virtual credit card (VCC) is a disposable payment card that can be used to make purchases or payments over the Internet. These cards provide inherent protection to cardholders, since the user is provided a new credit card number every time someone makes a purchase on the Internet. This is why this card is sometimes also called the "single use card numbers."
Virtual credit cards are available as the MasterCard Gift Cards and Virtual Visa Gift Cards and work in a way that is similar to an online gift voucher. Virtual credit cards are issued by most credit card issuers and major banks such as HDFC bank, ICICI bank, HSBC bank.
Source: www.economywatch.com
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