Common use of Virtual Card Clause in Contracts

Virtual Card. When you open an Account, you may also receive a virtual card (“Virtual Card”) represented by a 16-digit card number, a 3-digit card verification value (“CVV”) number and an expiration date. The Virtual Card is separate from your physical Card and can be managed through the Mobile App. The Virtual Card accesses the available funds in your Account to make card-not-present transactions (see section vi above) anywhere debit cards are accepted in the same way as your physical Card. The Virtual Card can also be added to a digital wallet in the same way as your physical Card. Your use of the Virtual Card is subject to the terms of this Agreement, including transaction limitations, to the same extent as your physical Card. Card activation is not required for Virtual Card. We may (but are not obligated to) also issue additional Virtual Cards, apart from the one, created once the Account is opened.

Appears in 3 contracts

Sources: Account Agreement, Account Agreement, Account Agreement