Page 5 - வணிகரீதியானது அட்டைகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HSBC launches virtual debit cards for UAE businesses Virtual Debit Cards complement the existing HSBC Commercial Cards suite, which includes Virtual Credit Cards HSBC has launched virtual debit cards for businesses in the UAE, a move that is a banking first in the Middle East. The launch reinforces HSBC’s commitment to pioneering digital enhancements to meet the rising demand for more flexible payment solutions. HSBC’s Virtual Debit Cards, which operate on the Visa platform, generate single-use card numbers, or ‘tokens’, for each transaction, with the payment debited directly from the corporate cardholder’s current account. Using Visa’s Payables Automation platform, a card is distributed electronically, protecting the primary card number and providing enhanced payment security and efficiency.

Ash shariqahUnited arab emiratesKhaleej timesShahebaz khanKailash nairAmerican university of sharjahDebit cardsPayables automationCommercial cardsMiddle east north africaVirtual debit cardsVirtual credit cardsMass communicationInternational studiesAmerican universityஒன்றுபட்டது அரபு அமீரகங்கள்