Virtual Cards. A “Virtual Card” consists of a 16-digit account number, a 3-digit security code, and an expiration date, linked to the funds in your Account. These Virtual Cards can be used to purchase goods or services or make payments online or by phone without presenting your physical Oxygen Visa Business Debit Card number. The Virtual Cards can be temporary or re-usable, but in any case, expire one year from the last day of the calendar month during which the Virtual Account was created. When you use your Virtual Card, the legal effect will be the same as if you used the physical Oxygen Visa Business Debit Card itself. Transaction Type Frequency and/or Dollar Limits Virtual Card No limit to the number of Virtual Cards active at a time* * The same transaction limitations as stated above in Section C.5. (“Transaction Limitations”) apply to Virtual Cards.
Appears in 3 contracts
Samples: Business Deposit Account Agreement, Business Deposit Account Agreement, Business Deposit Account Agreement
Virtual Cards. A “Virtual Card” consists of a 16-digit account number, a 3-digit security code, and an expiration date, linked to the funds in your Account. These Virtual Cards can be used to purchase goods or services or make payments online or by phone without presenting your physical Oxygen Visa Business Debit Card number. The Virtual Cards can be temporary or re-usable, but in any case, expire one year from the last day of the calendar month during which the Virtual Account was created. When you use your Virtual Card, the legal effect will be the same as if you used the physical Oxygen Visa Business Debit Card itself. Transaction Type Frequency and/or Dollar Limits Virtual Card No limit to the number of more than 10 Virtual Cards active at a time* * The same transaction limitations as stated above in Section C.5. (“Transaction Limitations”) apply ; Up to $1,000 per Virtual Cards.Card
Appears in 1 contract
Samples: Deposit Account Agreement