OnlineCheckWriter.com – Powered by Zil Money launches a new mobile app built for Smarter, Safer Spending
The term virtual card is everywhere, but it’s surrounded by confusion. With the global virtual card market expected to grow higher by 2028 , it’s time to get the facts straight. The new mobile app from OnlineCheckWriter.com – Powered by Zil Money is here to debunk the most common myths and show how virtual cards can revolutionize business spending.
Myth 1: Virtual Cards Are Only for Online Shopping
Reality: While great for e-commerce, virtual cards are not limited to online purchases. In 2024, businesses drove over 71% of the virtual card market , using them for a wide range of corporate expenses. The new app lets you issue cards for staff, contractors, and subscriptions, proving their versatility for daily expenses, supplier invoices, and employee perks.
Myth 2: There’s No Control Once a Card Is Issued
Reality: Control is a core feature. High-performing companies save an average of 5.8% on spending through better expense management, a key benefit of virtual cards . The new app allows you to set spending limits by budget, time, or vendor. This granular control ensures every payment aligns with company policies, preventing overspending.
Myth 3: Security Is a Weak Point
Reality: This is a dangerous misconception. With credit card fraud losses projected to reach $37 billion in 2024, traditional cards are a liability. Virtual cards offer superior protection by generating unique numbers for each transaction, minimizing fraud exposure. Since 79% of organizations faced payment fraud attempts in 2024, enhanced security is not just a feature—it’s a necessity.
Myth 4: Expense Tracking Will Still Be Messy
Reality: Automated expense management is a key trend for 2025, and virtual cards are at the forefront. The business spend management software market is projected to grow from $23.36 billion, driven by automation . The new app automates receipt capture and reporting, simplifying compliance and eliminating manual data entry.
Myth 5: Virtual Cards Are Slow to Use
Reality: The opposite is true. Virtual cards are designed for speed. They can be created in seconds from the mobile app, added to mobile wallets, and used immediately for both online and in-person purchases. This instant activation is a major advantage over traditional corporate cards and is why businesses are moving away from paper checks and embracing digital efficiency .
Myth 6: It’s Just for Large Corporations
Reality: Virtual cards are for everyone. The U.S. virtual card market is expected to reach $15.1 billion by 2030 , driven by widespread adoption across businesses of all sizes. Contractors, remote teams, and mid-sized firms are already using virtual cards for their agility. The app scales to fit any team, democratizing access to powerful financial tools.
Myth 7: It’s Just Another Payment Gimmick
Reality: Virtual cards are a resilience tool. The pandemic highlighted the fragility of traditional payment methods. By making payments secure, trackable, and mobile-first, virtual cards ensure continuity when traditional systems fail. This is about building a more resilient and future-proofed business in an unpredictable world.
Thought Leadership: Why Virtual Cards Are the Future of Resilient Payments
Recent disruptions have shown the weaknesses of traditional payments. Virtual cards eliminate dependency on physical processes and centralize control in a mobile-first system. For finance leaders, this means improved resilience, agility, and future-proofing of business spend. The global shift toward digital payments—expected to reach $6.3 trillion by the end of 2024 —confirms this trend.
It’s time to upgrade!
The launch of the new mobile app from OnlineCheckWriter.com – Powered by Zil Money makes it easier than ever to issue, control, and track virtual cards directly from your phone.
Download the app now from the App Store or Google Play Store and put smarter spending in your pocket today.
FAQs
Q1. What is a virtual card used for?
A secure digital card number used for business payments, subscriptions, or contractor expenses, with flexible controls.
Q2. How fast can a virtual card be issued?
Cards can be activated in seconds through the mobile app and used instantly.
Q3. Can virtual cards integrate with mobile wallets?
Yes, they can be added to Apple Pay or Google Pay for secure, contactless payments.
