<ul><li>An increasing number of U.S. consumers are adopting virtual cards for online transactions due to rising concerns over payment security and fraud.</li><li>42% of U.S. consumers have used a virtual card in the last six months, with 65% likely to use one within the next year, driven by a significant increase in fraud incidents.</li><li>Virtual cards, existing only in digital form, provide one-time-use numbers that minimize fraud risks, leading to their popularity for online, subscription, and in-store payments via mobile wallets.</li><li>Younger and more affluent demographics are leading the adoption of virtual cards, with potential for widespread use in various payment scenarios, presenting opportunities for card issuers, merchants, and consumers in enhancing security and trust in digital payments.</li></ul>

Payment Security Concerns Are Pushing US Consumers to Use Virtual Cards Online

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