How to create your virtual debit card online?
Communication Team
Communication Team

August 15, 2022

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How to create your virtual debit card online?

Today as businesses are rising in the UK and the EU, you're going to want to have a way to easily and securely manage your finances across borders. As a solution, virtual debit cards are becoming more and more popular as people realize their many advantages. You can use a virtual debit card to make online purchases, pay bills, or even get cash from an ATM. And, unlike a physical debit card, you don't have to worry about losing your virtual debit card or having it stolen.

These cards have 16 digits, just like a physical debit card, as well as a CVV number and expiration date. You can use your virtual debit card for almost anything that you would use a regular debit card for. The only difference is that you're using an online account instead of a physical one.

Today we are going to show you how to create your virtual debit card online.

Related: How to start a business in Malta as a foreigner

Getting virtual debit cards from banks

Getting your virtual debit card is easy and can be done easily, provided you have all the documents required. Generally, banks have stringent and lengthy processes.

The first thing you need is to have a physical debit card or a credit card. If you do not have any of these, then you will not be able to get your virtual debit card.

Other common documents required are:

  • Your passport
  • A copy of a utility bill or other official document with your name and address
  • Your bank account number
  1. Research which bank or provider you want to use. There are many different banks like Barclays, HSBC, and Santander and providers that offer virtual debit cards, so it's important to do your research and find one that fits your needs.

  2. Go to the website of the bank or provider that you chose.

  3. Find the section on their website where you can create a new account. This is usually under "Personal" or "Business."

  4. Follow the instructions to create your account. You will likely need to provide personal information like your name, address, and date of birth.

  5. Once you have created your account, log in and go to the section where you can create a new virtual debit card.

  6. Follow the instructions to create your virtual debit card. You will likely need to provide information like the type of card you want (Visa, Mastercard, etc.), your name, and the address where you want the card to be sent.

  7. Once you have created your virtual debit card, you will be able to use it right away. You can use it to make online purchases, pay bills, or even get cash from an ATM.

Alternatively, you can also use a provider like Revolut, wamo or Transferwise. These platforms will offer you a higher degree of flexibility and allow you to use your virtual debit card in multiple currencies. That way, you can avoid currency conversion fees when making international transactions.

Revolut: Revolut is a financial technology company that offers a mobile app allowing users to hold and exchange multiple currencies, manage their spending, and send money abroad.

wamo: wamo is a financial service provider that offers multiple financial services for small and mid-sized businesses. It enables you to run a multi-currency account that lets you hold, send and receive money over different currencies while letting you run a smooth business.

Transferwise: Transferwise is an international money transfer service that allows you to send, receive, and spend money in multiple currencies with the real exchange rate. It's a convenient way to manage your finances when you're dealing with different currencies.

How to create a virtual debit card online with wamo?

wamo is a virtual debit card provider that offers a simple and convenient way to manage your finances. With wamo, you can get a virtual debit card in just 10 minutes!

Here's how:

  1. Go to the wamo website or download the app with Google Play or App Store and sign up for an account.
  2. You can find all the details what you need to open an account with wamo:
  3. Once you're verified, top-up your account and request your virtual card.
  4. Once you have created your card, you can use it right away. You can use it to make online purchases, pay bills, subscription fees, marketing expenses.

Virtual debit cards are a convenient way to manage your finances and make online purchases. With wamo, you can get a virtual debit card in minutes!

Related: How any business owner can open a business account in Malta in 10 minutes with wamo

Other Benefits of getting a virtual debit card with wamo

In addition to being able to get a virtual debit card quickly and easily, wamo also offers other benefits.

Some of the other benefits of using wamo include:

  • No hidden fees: wamo doesn't charge any hidden fees. You will only be charged the stated transaction fee when you use your card.
  • High limits: wamo has high limits for card payments.
  • Easy renewals: If you lose your card, you can cancel it and get a new one.
  • Easy tracking: Enables you to freeze or unfreeze, unblock, delete your card.
  • Be notified: Get notifications for your activities.

In all, virtual debit cards are a convenient way to manage your finances and make online purchases. If you are planning to expand your business or simply want to ease your financial transactions, getting a virtual debit card is a good option. Now that you know how to get a virtual debit card online with wamo, get started right away.

© wamo 2022, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced consent of the owner

wamo.io LTD incorporated and registered in the United Kingdom under the company registration number 12352849 and the operational office of which is at WeWork, 199 Bishopgate, London EC2M 3TY. wamo operates the wamo.io website and the app. wamo is not a bank, the current account is an e-money account. Issuance of Electronic Money and payment services is provided by PayrNet Limited. PayrNet holds an amount equivalent to the money in the wamo current accounts in a safeguarding account which gives the customers protection against insolvency. We are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (register reference 922901) for the issuing of electronic money. wamo is an EMD agent of PayrNet.

© wamo 2022, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced consent of the owner