1Password Partners with Privacy.com to Offer Virtual Credit Cards
1Password has announced a new partnership with Privacy.com. 1Password now lets you create virtual cards in your browser to make online payments more safely. You can create as many virtual cards as you need and control where and how they’re used. This is a great feature that adds more security to online purchases, and also makes it easier to sign up for trials and other services that you only want to pay once.
1Password is a password manager. The Privacy integration is available now for the X Chrome extension, and soon for the 1Password Safari extension. Privacy.com is limited to users in the United States. So for now, you’ll need to be in the States to use this integration.
A virtual credit card is a service that allows you to shop online and mask your credit card’s sensitive information by using a uniquely generated card number, expiration date and security code. Virtual credit cards are not an alternative to a traditional credit card account. They are connected to a credit card that you already have, which is use to make the purchase through the virtual card. You can create as many virtual card numbers as you want, without affecting your credit score.
Another thing that’s nice is you can set a spending limit on virtual cards through 1Password . This gives an extra layer of security, but it could also be a good option for parents or businesses who want to issue credit cards with limited virtual credit cards.
How it 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.
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.
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