Shop Online With A MasterCard Virtual Card

As an online shopper, there are three things I consider when it comes to shopping in the vast world wide web- payment methods, reputation of website or seller and of course price. I am keen when it comes to these factors as purchasing an item would depend on them. Like many Filipinos, my appetite for online shopping has been fueled even more because of the increasing access to the Internet through smartphones and other web-surfing enabled gadgets. Plus having unlimited surfing made possible by our local telecom or wi-fi make surfing and shopping online conveniently accessible anytime, anywhere. These two factors help the fast-growing segment of shoppers prefer to shop online because of exclusive or better deals, free shipping or door-to-door delivery, as well as shopping for the latest products and brands outside the Philippine shores with just a few clicks of a button. 

Did you know that 40% of Filipinos who access the internet use it for online shopping? According to the results of MasterCard’s Online Shopping Behavior Study 2013 in 14 Asia Pacific countries, those who made at least one purchase in the last three months grew by 2.6%? While those who intend to make online purchases in the next 6 months appear to be at the same levels as 2012 at 68.2%.

With this study, MasterCard-issuing banks recognize the spending trend among a growing segment of consumers and Philippine-issuers are responding to the need for Filipino shoppers to use their payment cards online. A Virtual Card that addresses the online shoppers’ need for a convenient, secure and quick way to pay online is the MasterCard Virtual Card.

If you are one who doesn’t shop online simply because you find it scary to use your credit card to purchase and pay then MasterCard Virtual Card is perfect for you. A Virtual Card addresses the online shoppers’ need for a convenient, secure and quick way to pay online.

A few years ago, Mr. GJG was given his very own MasterCard Virtual Card by his bank. He likes using his credit card to pay for our basic necessities like food, gas, clothing but ironically, dislikes using them for online purchases. In fact, he has not shopped online nor did he ever allow me to, until he got he got his MasterCard Virtual Card.

 Back when we didn’t have his (but of course I’m using it too) MasterCard Virtual Card, I would just sigh with regret whenever a dress or shoes that I want is on sale at my favorite website because I cannot buy it for the simple reason that it requires payment with a credit card. This means I would have to reveal my credit card details and other information that I am really not comfortable revealing. But when Mr. GJG got this MasterCard Virtual Card, I was a happy frequent online shopper!

A MasterCard Virtual Card is a MasterCard account number that is issued to a MasterCard credit, debit or prepaid cardholder solely for use on the internet.  With a MasterCard Virtual Card, you can manage a separate card account number for internet use only – which gives you the opportunity to limit credit line,provide family members with unique accounts for online purchases and track online and retail purchases separately.

MasterCard Virtual Card is for Internet use only. Unlike our regular plastics- debit, prepaid or credit card, we can use for in-store (retail) transactions through payment terminals, MasterCard Virtual Card can only be used for purchasing products or services via the world wide web. What we love most about MasterCard Virtual Card is that it designed to protect our primary credit or bank account details from identity thieves by not having to expose these information while making payments online. It also allows us to do online transactions without having to worry about maxing out our credit limits or accessing our bank account.

The MasterCard Virtual Card is available in the form of the regular card plastic or a simple reference device, i.e. virtual card that provides a card number and card verification code for use only on the internet.

To get your own MasterCard Virtual card just visit your existing MasterCard-issuing bank and complete the application form or apply online through their official website. Philippine banks that issue the MasterCard Virtual Card include BDO, BPI, EastWest Bank, Metrobank, RCBC Bankard and Security Bank.

Online shopping has never been this safe and secure! So glad we have MasterCard Virtual Card. Now, we practically order anything from food, apps, toys, clothes, even gadgets without being worried about paying safely and securely with our MasterCard Virtual Card. So go ahead get yours and start enjoying online shopping. You can learn more about MasterCard’s online shopping privileges HERE.