HDFC Bank Virtual Credit Card

HDFC virtual credit card is a card where the physical card details are not used for payments. Instead, a virtual card number is generated for each payment to avoid duplication/ phishing of information entered for making a payment online.

Key Features & Benefits of NetSafe

• HDFC NetSafe keeps your real card information safe by letting you use a virtual card number on merchant websites. 
• You can even create a unique password for additional protection.
• For protection against phishing attacks, you can create a unique personal message that must be confirmed during every transaction.
• Currently, NetSafe is free for all HDFC Bank Visa and Mastercard Credit Card and Debit Card users.
• The amount to be loaded onto the HDFC virtual credit card is preset, keeping the rest of your funds secure.
• The amount will be refunded to your account if the transaction is not made within a specific period (which is usually 24 hours).
• Any balance amount is refunded to the credit/ debit account of the cardholder.
• The HDFC virtual credit card number is auto-generated and gets expired after the specified time period lapses.
• For a debit card, you can generate up to 5 virtual cards daily subject to your Point of Sale limit per day, provided there is an available balance in your savings/ current account and for your credit card up to the available credit limit. You can then use the virtual card number at any online merchant site and complete your shopping with security and ease.

Key Benefits of NetSafe

• The HDFC virtual card created by you is a one-time use card.
• Your HDFC Bank Credit Card/ debit card number is never used on the merchant website.
• You can set your own limit for the HDFC virtual cards you generate.
• You can use the card on any merchant website that accepts VISA/Mastercard cards.
• All purchases made with NetSafe Cards will be displayed on your statement, just like any other transaction.
• With NetSafe’s unique security feature, your credit/debit card number is never revealed on the internet. Instead, you generate a virtual card number, withdrawing funds from your credit/ debit card account. 
• The virtual card number is valid only up to the expiry date of the virtual card. 
• The limit of the card is the amount chosen by you.
• Registration for NetSafe is a one-time process, post which you can generate NetSafe Cards anytime, anywhere.

Currently, HDFC Bank does not levy any fees or charges for the HDFC NetSafe virtual credit card to make online transactions safer and more secure. It is provided free of cost until further notice.

With the aim of making the facility accessible to all individuals, HDFC Bank has set the following eligibility criteria for its virtual credit card:

• The applicant must have an existing HDFC credit card/ debit card.
• The applicant must have the required funds or enough credit for the transaction to take place.

You can create the NetSafe Card by following the steps mentioned below:

• Visit the official website of HDFC Bank.
• Log into NetSafe with your Login ID and Password.
• Select your preferred account from which you want to draw funds for creating a NetSafe Card.
• Click the ‘OK’ button to generate the NetSafe Card.

You can also generate the card by downloading a plug-in which will remain on your computer. On clicking the plug-in, it will directly take you to the page to generate the NetSafe Card.

Following are the key differences between a virtual credit card and a physical credit card: