Top platforms for creating virtual cards for payments abroad

Virtual payment cards are a digital analogue of the familiar bank plastic cards. To avoid becoming a victim of online fraud, it is better to use virtual cards for online payments and limit third-party and online resources access to your main bank account, especially when it comes to paying for goods on various resources, online subscriptions, services or one-time payments. Virtual payment cards have the same high level of security as plastic cards, so shopping with them is also convenient and accessible.

Many services offer services for creating virtual cards through a mobile application or website in just a few minutes on favorable terms with low fees and support for multi-currency transactions. Let's consider how to choose the most suitable platform depending on your needs, the best services for creating virtual cards that can be used to pay for goods and services abroad, the key features of each service, their advantages and disadvantages.

What to look for when choosing a platform

It is important that the company in which you plan to open a virtual card has the necessary licenses, has been on the market for some time, ensures reliable operation and security of its service, has an excellent reputation and reviews from real users.

Also important criteria when choosing a service will be:

• Geography of service provision (list of countries in which you can use the created virtual card). It is also worth studying the policy of working with citizens of different countries to make sure that you can use all the features provided by the platform.
• Cost of activation and commissions. To reduce costs when using the card, be sure to study whether there is a fee for creating a card and servicing, limits on replenishment and withdrawal of money, what are the fees for replenishment or withdrawal of funds, for transactions or currency conversion.
• Available types of cards (debit, credit, prepaid) and the terms of their use. Is it possible to open a temporary card for payment abroad for one-time payments. For example, is it possible to link a multi-currency account to the card, what are the fees when using a credit limit, etc.
• The ability to connect the card to other services (PayPal, Google Pay, Apple Pay, Booking.com, etc.). The ability to integrate with other popular platforms makes shopping abroad much easier.
• Security and protection of user data. It is worth paying attention to whether there is two-factor authentication, the ability to regulate transaction limits yourself or block the card through the application if fraud is suspected, etc.

TOP 10 platforms for creating virtual cards

1. FuncWallet

This Ukrainian platform provides its users with wide functionality and a high degree of data protection.

Features:

• The ability to create a large number of cards, as well as VISA and MASTERCARD cards.
• Great functionality. The platform allows you to store, exchange and pay in fiat currencies (EUR, USD), as well as in cryptocurrency (USDT on ERC-20 and TRC-20 blockchains).
• Convenient and intuitive interface. At the moment, only the web version is available, which allows you to use your virtual cards anytime and anywhere.
• High level of security. The service uses modern security standards, and systematic system checks and certification ensure the reliability of data and transactions.
• Can be used in the US and EU countries, subscription fee - from $ 10 per month (depending on the tariff).
• Subscription fee: from $ 10 per month (depending on the tariff).
• There is no issue fee, but a percentage is charged from each transaction.

2. EPN

EPN is an international payment service for affiliates, webmasters, media buyers and digital agencies. EPN provides virtual cards for advertising payments in Google Ads, Facebook Ads, Tiktok Ads and other foreign services.

Features:

The service issues virtual cards Visa and Mastercard. EPN offers two types of cards (advertising and universal) for different purposes. Big database of US-BINs. Replenishment via cryptocurrency (USDT and Bitcoin). Ability to add team members and fully manage their accounts and cards.

Pros:

• Detailed statistics, transaction history
• Low fees
• Big database of BINs (52+)
• No restrictions on card issuance
• Different types of card management available (mobile app, web version, Telegram bot)

Minuses:

• No possibility to top up with russian bank card
• It is prohibited to use EPN cards to purchase cryptocurrency, to pay for gambling and dating services

3. Wise (TransferWise)

A financial platform that provides international transfer services to more than 80 countries, as well as the creation of virtual multi-currency cards that are great for travelers and businesses. Features:

• Cards are suitable for paying for goods and services in about 175 countries.
• A multi-currency account allows you to keep money in 50 currencies and provides transparent currency exchange at the interbank rate without additional fees.
• The fee for international transfers is 0.35–2% depending on the currency, region and amount.
• The Wise debit card supports multiple currencies, money is automatically converted into the required currency at the optimal rate during the transaction. Great for online and offline shopping, paying for services and withdrawing cash.

4. N26

A fully digital bank, all transactions in which are made through the application. This digital ecosystem offers its users free issuance of virtual cards, tools for budget planning and expense analysis, instant transfers without fees in the SEPA zone.

Features:

• The virtual card can be used for payment in stores or on the Internet, has its own unique number, expiration date and CVC.
• Suitable only for Eurozone countries
• Supports Google Pay and Apple Pay, integration with Wise;
• Supports multi-currency transactions.
• The subscription fee is from 0 to 16.90 euros per month.
• A 1.7% fee is charged for cash withdrawals from ATMs.

5. Monzo

One of the first mobile banks, which was founded and operates in the UK since 2015. Allows you to issue and remove virtual cards at your discretion for better control of your budget.

Features:

• Its main functions and capabilities are available only to British citizens.
• A card for paying abroad allows you to quickly and easily make payments and purchases and after the trip get a full report of expenses by different categories.
• You can create separate budgets for different purposes, dividing accounts; make international transfers, withdraw cash, provide joint access to pay for rent or other services.
• Issuing a virtual card is free, the subscription fee is up to 15 pounds per month.
• A fee of £1 is charged for each cash top-up.

6. PST (PaySend Technology)

A popular specialized service allows you to create virtual cards (VCC) for any online purchases, paying for orders in euros or dollars. You can top up your virtual cards using a bank transfer or cryptocurrency (USDT, BTC). In addition to paying for goods and services abroad, PST cards are well suited for media purchases (Google Ads, Facebook Ads, TikTok Ads, etc.).

Features:

• The ability to create an unlimited number of virtual cards.
• Card issuance is free, the subscription fee is $15 per month.
• Special terms of use apply for social media teams and affiliate marketers.

7. Paysera

The Lithuanian company Paysera has been operating since 2006, in 2014 the Paysera payment portal was launched. Today, the service provides services in 180 countries. Thanks to a convenient mobile application, users can manage accounts at any time and use payment solutions at affordable rates. Such functions as creating virtual cards, international transfers and e-commerce solutions are available.

Features:

• When creating a virtual card, the system provides a unique IBAN. Thanks to this format, transfers are significantly simplified. The transaction time is up to 30 minutes.
• Multicurrency accounts allow you to profitably convert money and make purchases abroad or online more convenient and profitable.
• Thanks to the fact that thousands of online stores accept payments through the Paysera payment system, it is very convenient to make purchases online.
• The number of instant transactions is unlimited, payments up to 15,000 euros are sent without commission.
• The card issuance is free, the subscription fee is from 1 euro per month. Affordable rates for business.