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Monday, December 26, 2005

Virtual Credit Card Account Numbers

Author: HY
Posted: Fri Jul 02, 2004 9:59 am
Post subject: Virtual Credit Card Account Numbers

6/24/2002 5:45 am CDT

Has anyone ever used "Virtual Account Numbers" when shopping online? I suppose CitiCards,MBNA,Discover has started these services.Please give me any information about these services.
6/24/2002 5:45 am CDT

Has anyone ever used "Virtual Account Numbers" when shopping online? I suppose CitiCards,MBNA,Discover has started these services.Please give me any information about these services.


CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!



Author: Edward Massy
Posted: Fri Jul 02, 2004 10:01 am
Post subject: Virtual Credit Card Account Numbers


Shopping
Where can I use the MBNA ShopSafe account number?
The MBNA ShopSafe account number will be accepted anywhere your MBNA credit card would be accepted. The online merchant does not need any special software or applications to process your MBNA ShopSafe account number.

Can the same MBNA ShopSafe account number be used to make purchases at more than one merchant site?
No. To provide additional security at each merchant site, a new MBNA ShopSafe account number needs to be generated for each online merchant site. However, you may reuse the same MBNA ShopSafe account number at the same merchant site if the Valid Thru date has not expired and the balance remaining covers the amount of your purchase.

Can I use the MBNA ShopSafe service to purchase items outside the United States?
Yes. The MBNA ShopSafe account numbers will be accepted anywhere your MBNA credit card would be accepted. The online merchant does not need any special software or applications to process your MBNA ShopSafe account number.

How does a Web merchant know I'm using an MBNA ShopSafe account number?
The Web merchant does not know that you are using an MBNA ShopSafe account number. The MBNA ShopSafe service generates a unique 16-digit account number that looks like a normal credit card account number. The merchant will process the transaction in the same way as any other credit card transaction.

Can an MBNA ShopSafe account be declined for a purchase?
An MBNA ShopSafe account number may be declined for a purchase for any of the following reasons:

The MBNA ShopSafe account number has expired.
The dollar limit is not sufficient to cover the purchase with shipping and taxes.
The MBNA ShopSafe number which was first used at one merchant, and is reused at a different online merchant.
The transaction exceed your available credit.

How does the Billing and Shipping profile work?
If you are a PC or Mac user working from your own machine, you will have a Billing and Shipping Profile available. When you generate a unique MBNA ShopSafe account number, a side panel will open next to the MBNA ShopSafe window that will hold your name, your billing address, and details about the MBNA ShopSafe account number you have just generated. This information can be dragged into the online merchantÂ’s order form. You can also set up a shipping profile with a name and address that is different from your billing information.

How do I use my MBNA ShopSafe account number on a Web site where I use one-click or express checkout?
Many Web sites offer a faster way to check out by establishing a profile that includes your name, address, e-mail address, and a credit card number. You can provide an MBNA ShopSafe account number for this purpose instead of your MBNA credit card number to increase your safety and security while shopping online. First, determine the limits you need for the MBNA ShopSafe account number. You should choose a dollar limit that covers all of the shopping you may do over an extended period of time, and youÂ’ll want to decide how many months (up to 12) youÂ’ll want the MBNA ShopSafe account number to be valid. For example, you could set limits of $500 and 12 months, then provide the MBNA ShopSafe account number to the online merchant and complete your one-click or express checkout. Every time you shop on that site within that 12-month period, you will use part of the dollar limit established. When the dollar limit is exhausted, or the expiration date is reached, the MBNA ShopSafe account number will no longer be active.

How do purchases I make with the MBNA ShopSafe service get billed to my MBNA credit card account?
All activity is matched back to your MBNA credit card account by MBNA. You can view this activity online in MBNA Net Access and will see the activity on your monthly statement. MBNA ShopSafe transactions will have a "#" symbol next to them to differentiate them from your other credit card account activity.


Security
Who has access to my MBNA ShopSafe account numbers?
Only you, the merchants for which the MBNA ShopSafe account numbers were generated, and MBNA have access to your MBNA ShopSafe numbers.

How secure are my MBNA ShopSafe account numbers?
The MBNA ShopSafe service is the most secure way to shop online. The MBNA ShopSafe service, whether residing on your desktop or accessed through the MBNA ShopSafe Web site, is password protected. Each MBNA ShopSafe account number you generate can only be used by the merchant you select, up to the amount you specify, and for the length of time you specify.

What if I forget my user name and password?
If you have forgotten your user name or password, visit www.mbnanetaccess.com. If you need further assistance, please call Customer Satisfaction at 1-888-898-6262.

Selecting Another Credit Card Account
When you have more than one account registered for the MBNA ShopSafe service, you can select which account youÂ’d like to shop with. This selection does not change your Primary account, however, to change your Primary account, visit www.mbnashopsafe.com and go to the Account Management section. You can also select "Select another credit card account" from the MBNA ShopSafe service main menu.

CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

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