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Bank Respublika Propose VirtualCard for Payments through Internet

Business Materials 4 March 2008 15:31 (UTC +04:00)

Azerbaijan, Baku, 4 March / Trend / Bank Respublika is providing to subscribers a new plastic card VirtualCard as a payment system from VISA. VirtualCard allows customers to pay for purchased goods and services on the internet. As VirtualCard is used on the internet it does not have a magnetic strip or PIN code.

There are three requisites to the VirtualCard: a 16-digital number , a 3-digit CVV number and the validity term of the card. Subscribers must fill a blank electronic formto pay on the Internet. Subscribers must not make any payment to unknown or ambiguous Internet websites.

Bank Respublika proposes that VirtualCard is free of charge with no payment for its yearly service. Initial payments on the account of the card comprise $30 or AZN30 depending on the currency.

VirtualCard may limit the expenditure for certain periods of time (day, week and month) and the type of operation.

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