Popular password management app 1Password is out today with a sharp new feature that makes it easy to create virtual credit card numbers for much safer and more convenient online purchases. The new option allows you to quickly create virtual cards in your browser with spending and frequency limits and the cards are saved in 1Password.
1Password announced the new virtual card feature today and comes through a partnership with Privacy.com (via MacRumors). The new feature allows you to create an unlimited amount of virtual cards and offers great privacy controls to make sure you don’t see any unexpected expenses.
The feature is now live (US only at the moment) in the 1Password X Google Chrome extension and the Safari extension is arriving soon. Apple Pay (and Apple Card) uses a virtual card number for enhanced security and some other credit card services have offered the same. However, this looks like the first time a password manager has launched a seamless integration to create and use virtual credit cards.
Here’s how the feature works:
Create new Privacy.com virtual cards right from your browser. When you’re asked to enter a card number, 1Password will show you an option to create a virtual card instead. You can give it any name you choose.
Set spending limits. When you create a new Privacy card with 1Password, you can set a spending limit there and then. You can choose a one-off payment, monthly or annual limits, or a total amount.
Save card details in 1Password. If you like, you can save your new virtual card in 1Password so it’s always to hand if you need to quickly grab the CVV number. When it’s time to enter payment details again, we’ll show any cards associated with the site you’re on. That way, you won’t create cards you don’t need.
1Password notes how virtual cards offer better security:
When you create a card, it’s locked to that merchant so it can only be used for that particular site or service. So if the card details are ever exposed in a data breach, they can’t be used elsewhere.
Check out the video below and 1Passwords’ blog post here for more details:
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