SBI launches 'virtual' card for online transactions

Mumbai, April 22: State Bank of India has launched a ‘virtual' electronic debit card for e-commerce transactions.

The ‘State Bank Virtual' card can be created by a customer using the bank's Internet Banking facility with transaction rights.

The product allows the user to create a virtual card for any online transaction and the customer is not required to share the details of the principal account on the merchant Web site, said the bank in a statement.
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