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Virtual card is a card existing in virtual world i.e. without physical existance like a tradititional card which is in plastic.
Thus, virtual card does everything that a physical card can do.
In short, virtual card is only a card number and other identification details like name.
Thus, ideally a virtual card can be used on internet (for shopping in webspace) or with a merchant (for shopping in physical world).
Virtual card can be (like physical card) a debit card, credit card or even a atm card!
Understand, the virtual cards in India operate only on net.
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