FNB virtual card will launch next week

[Bradley Prior]

FNB virtual card will launch next week

FNB has confirmed to MyBroadband that it will launch its virtual card service on Monday 16 November.

 

[|tera|]

VCpay on steroids.

It seems good though.
Especially that the virtual card itself doesn't expire, but only the CVV.
Makes payments easier as the article said.

 

[Nimz]

Finally! Let's hope they stick to the damn date this time

 

[werfie]

Wait... am I missing something...? how can you use this for subscription services if the CCV number changes every hour. It means next month when your subscription automatically renews, the CCV won't work and the subscription won't renew?

 

[My_King]

 

[|tera|]

Wait... am I missing something...? how can you use this for subscription services if the CCV number changes every hour. It means next month when your subscription automatically renews, the CCV won't work and the subscription won't renew?

A new CVV could be created with the same card is how I understand it.
So you basically 'update' the payment with new CVV as well as card details.
The actual virtual card is there until deleted.

 

[hyarion]

A new CVV could be created with the same card is how I understand it.
So you basically 'update' the payment with new CVV as well as card details.
The actual virtual card is there until deleted.

The problem is that the subscription services work on billing cycles and your CVV lasts for 1 hour. So unless you are able to update the CVV 1 hour before their billing cycle every single month, it's not going to work. You'd have to wait for the billing to fail, potentially your service to be disabled and then hope their re-activation process bills you instantly instead of a few days later.

This will be great for purchases from online stores, but unless the changing CVV is optional, it wont work for subscription services.

 

[werfie]

The problem is that the subscription services work on billing cycles and your CVV lasts for 1 hour. So unless you are able to update the CVV 1 hour before their billing cycle every single month, it's not going to work. You'd have to wait for the billing to fail, potentially your service to be disabled and then hope their re-activation process bills you instantly instead of a few days later.

This will be great for purchases from online stores, but unless the changing CVV is optional, it wont work for subscription services.

Yup. Precisely.

Great service for on demand purchases, but won't work for subscriptions if I understand the way it works as explained in the article... I found it a bit odd that the article is aimed at promoting the use of this for subscription services when it won't actually work for that.

 

[mr_norris]

View attachment 950948

Some people aren't interested in Cyberpunk, what is this doing here?

 

[|tera|]

The problem is that the subscription services work on billing cycles and your CVV lasts for 1 hour. So unless you are able to update the CVV 1 hour before their billing cycle every single month, it's not going to work. You'd have to wait for the billing to fail, potentially your service to be disabled and then hope their re-activation process bills you instantly instead of a few days later.

This will be great for purchases from online stores, but unless the changing CVV is optional, it wont work for subscription services.

My experience with subscription services are the same. Except the ones I actually need to pay allow me to update details, even if the account was not paid.
Spotify gives a lot of leniency for my broke pocket.
Other services request the CVV only, but allows me to keep the same card and just enter CVV when making payments.
I don't have active subscriptions on my bank accounts. I usually do manual card payments.

 

[My_King]

Some people aren't interested in Cyberpunk, what is this doing here?

Oh yeah its MyBB.

@mr_norris - C o m e s M o n d a y, F N B h a s d e l a y e d t h e i m p l e m e n t a t i o n

 

[Nimz]

Right, so is it live yet for anyone?

 

[blunt]

Right, so is it live yet for anyone?

Nope

 

[My_King]

So did it pull a Cyberpunk 2077?

 

[susefan]

Oh yeah its MyBB.

@mr_norris - C o m e s M o n d a y, F N B h a s d e l a y e d t h e i m p l e m e n t a t i o n

This is Monday, it’s happening exactly as you said.

 

[BBC]

This is Monday, it’s happening exactly as you said.

he works for FNB

 

[My_King]

This is Monday, it’s happening exactly as you said.

he works for FNB

Nah, the old days of professionalism is out the door. Everything these days are delays

 

[blunt]

I guess they have until midnight.. still sweet fcakll on my app

 

[Johnatan56]

I guess they have until midnight.. still sweet fcakll on my app

FNB delays virtual card launch

FNB delays virtual card launch FNB has delayed the launch of its virtual card until 2021, FNB Card CEO Chris Labuschagne has confirmed.

mybroadband.co.za

For some reason MyBB cannot post in the old thread.

 

[The_MAC]

Great, but does it solve the FICA game they played with their customers on Sunday?