Due to the on-going COVID-19 pandemic, the WORLD HEALTH ORGANIZATION (WHO) has advised against handling bank notes to deter the spread of the virus. Additionally, government agencies, small businesses and corporations nationally and internationally are looking for quick solutions in delivering Pandemic Relief Emergency Payments to those who need help most.
Virtual cards, can help satisfy these needs delivering touch free funds, instantly with virtual prepaid Visa cards while helping promote important health and safety measures with touch-free cards that can be used online immediately on receipt.
One of the challenges Canada and the World are facing right now is how to get Emergency Funding as quickly as possible to all those whose livelihoods have just disappeared due to Covid-19 pandemic so they can pay their rent, feed their families and survive in the short term. While Direct deposit transfers (which are extremely popular in Canada) help deliver funds, many people will still have to visit a bank or use face-to-face debit card payments provided by their bank.
Many companies and organizations continue to look down upon cheques and cash as a “dirty” payment method. As its’ use is dependent on face to face interactions, many retailers are leaving cash in the past, opting for contactless methods to help keep their staff safe during the COVID outbreak.
Virtual cards can provide a touch-free, contactless payment solution that promotes social distancing through online purchasing. Here are a number of ways virtual cards in particular can help deliver funds, while curbing the spread of COVID-19:
- Virtual card programs can be setup in 72 hours (getting funds to those in need should be everyone’s top priority right now)
- As payments are virtual, they help reduce the risk of COVID-19 spread by promoting online purchasing as well as social distancing
This is a key point here; we want to let people know that by purchasing groceries, household items, and other crucial goods and services online, they too can do their part to help curb the spread of this terrible virus.
- Virtual cards do not require a previous banking relationship
Utilizing the Visa network, virtual programs can deliver emergency funding to anyone in need regardless of time, location or banking relationship, everyone has the capability to use this method of payment, immediately on receipt.
- Virtual cards can help limit online fraud exposure for those with a bank account.
As more and more restaurants, bars and various retail stores move to online only, so too will the fraudsters. By utilizing our companion apps, victims can transfer funds from their bank to the card, hiding their banking information from hackers.
WHEN DISASTER STRIKES, PAYMENT SPEED MATTERS
Virtual cards help deliver funds within 72 hours to victims regardless of time, location or banking relationship. We understand this is an uncertain time for everyone and we are here to continue to support you, whatever your needs may be.
For 72 Hour Virtual Payments inquiries please contact us immediately for more information.
Visit https://www.dcrstrategies.com/emergency-virtual-cards/ to learn more.
