Funding
Funding not disclosed
Founders
Product
Problem
Online shoppers face the risk of credit card fraud and identity theft when making purchases on unfamiliar websites or when their primary card information is compromised in data breaches. Managing multiple subscriptions and free trials can also lead to unwanted charges and difficulty in canceling services.
Solution
CVC Wallet provides users with instantly generated, reloadable virtual credit cards to secure online transactions and protect their primary financial information. Users can create unique virtual card numbers for each purchase, set spending limits, and easily freeze or close cards to block unwanted subscriptions and prevent fraudulent charges. The platform also supports money transfers and gift card purchases, offering a comprehensive solution for secure and convenient online financial management. CVC Wallet's developer API allows seamless integration of its payment gateway into websites, enhancing the payment experience for customers.
Target Audience
CVC Wallet primarily targets individual consumers and businesses seeking a secure and convenient way to manage online payments and protect their financial information from fraud and unwanted charges. The platform also caters to developers looking to integrate a secure payment gateway into their websites.
Features
- Instant virtual card creation for secure online shopping
- Reloadable cards for ongoing use
- Mobile wallet for secure fund storage and management
- Ability to set spending limits and track expenses in real-time
- Freeze or close cards to block unwanted subscriptions and prevent unauthorized charges
- SMS or email verification, KYC solution, and two-factor authentication for enhanced security
- End-to-end encryption and behavior tracking to protect sensitive information
- Payment gateway API for seamless integration into websites