Privacy
Privacy offers virtual cards that generate unique 16-digit numbers to protect payment information, providing various plans with features like customizable spending limits and military-grade encryption.
Services
Privacy offers virtual cards that generate unique 16-digit card numbers to protect payment information. The company provides various plans, including a basic free plan for domestic transactions. Pro and Premium plans offer additional benefits such as no foreign transaction fees, card limits per month, and 1% cashback on eligible purchases. Users can manage their virtual cards through a mobile app for iOS and Android, as well as a browser extension for autofilling secure card numbers at checkout. The cards can be used for online shopping, phone purchases, and subscription management.
Security Features
Privacy prioritizes security by complying with PCI-DSS standards, the same security standards followed by banks. The company uses military-grade 256-bit encryption to protect sensitive information. Additionally, Privacy Cards lock to the first merchant they are used at, preventing unauthorized use if stolen. Users can set customizable spending limits and have the ability to pause, unpause, and close cards at any time.
Transaction Fees
Privacy operates on a revenue model that includes interchange fees collected from merchants. For users on the Privacy Personal plan, there is a 3% fee on foreign transactions. However, users on the Pro and Premium plans do not incur foreign transaction fees. The offering ensures that users' credit scores remain unaffected, as Privacy never conducts a credit pull.
Availability and Requirements
Privacy is available to US citizens or legal residents who are 18 years or older, and possess a checking account at a US bank or credit union. The card issued by Privacy is provided by Patriot Bank, N.A., under licenses from Mastercard International Incorporated and Visa U.S.A. Inc.
Customer Centricity
Privacy has been recognized as one of the world's 'Top 100 Most Customer-Centric Companies' by Forbes. This accolade reflects the company's commitment to providing secure, user-friendly payment solutions. Privacy also enables users to share secure payment information with trusted friends, family members, or employees, bolstering its customer-centric approach.