The Greatest Gifting Experience With Virtual Gift Cards

What Is a Visa Gift Card?

A Visa Gift card is a convenient prepaid card that is widely accepted wherever Visa cards are accepted. It comes pre-loaded with a specific amount of funds that can be used for multiple purchases until the remaining balance is used up. By giving a Visa Gift card, you're giving your friends and family the freedom to choose the gift they want.

What is Virtual Card?

A virtual card is a digital credit card that is specifically designed for online shopping. Instead of a physical card, it exists only as a digital entity that can be stored on your computer or mobile device. Just like physical cards, virtual cards can be used to purchase items from any online store that accepts credit cards.

Virtual cards are generated with a randomly assigned 16-digit number, an expiration date, and a card verification number. While they do not have a physical presence, they function in the same way as traditional credit cards. The main difference between the two is the level of convenience they offer when it comes to making purchases online.

Why use a Visa gift card?

It’s easy:Visa gift cards are hassle-free and can be used just like a regular Visa debit or credit card. Simply select the card at the store, load it with the amount of money you desire, and start shopping without any complicated paperwork, fees, or the need to wait in long lines at the bank.

It's secure :The eligibility of the Visa gift card for the same protections that come with debit and credit cards may vary based on where you purchase it. It is recommended that you inquire about replacement fees and fraud protection from the retailer before making the purchase.

It makes an excellent gift :Compared to traditional gift cards for specific stores or restaurants, a Visa gift card offers the flexibility to be used at any location that accepts Visa cards. The recipient can use the gifted funds to make purchases according to their own preference.

It’s an alternative if you don’t have a bank accountl:

Visa gift cards offer flexibility to those who are new to banking or looking for a new financial institution. With a Visa gift card, you have the freedom to shop without relying solely on cash if you don't have a bank account. These non-reloadable prepaid cards, sometimes called, may be used anywhere that accepts Visa debit cards. Originally designed to help those who have been denied access to traditional financial institutions due to lack of credit or other eligibility restrictions.

It’s a safe option if you're just learning to manage finances:

Visa gift cards are an excellent tool for teaching financial responsibility to teenagers and pre-teens. By providing them with a limited amount of money, parents can help their children learn the importance of budgeting, tracking spending, and saving. Once the money on the card is spent, it's gone, providing a practical lesson in financial limits.

Cons of Gift Cards

• Gift cards often end up with unused funds, which can go to waste if not used before the card's expiration date. These unused funds may be due to forgetfulness, procrastination, or other reasons.

• To add money to your account, you may be required to pay fees for purchases or reloads.

• Certain gift cards have a limited purchasing power, as they can only be used at specific merchants or within a closed-loop system.
• Misplacing or having a gift card stolen can be a frustrating experience, especially if you haven't registered it or don't have a record of the gift card number.
• An unused card may incur an inactivity fee.

How do I send a gift card from Visa in Zil?

Step 1:Log in to ZilBank.com and choose a bank account

Step 2:On the Send Payment button, click. From the drop-down menu, choose Gift Card.

Step 3:Choose the person to whom you wish to give a Visa gift card. Enter the essential information and the amount, then click "Send."