Company Information

Get to know virtualspend

VirtualSpend was a service that offered instant virtual prepaid Mastercard® and Visa® cards for online use, allowing users to make purchases without using their primary bank or credit card details. The service focused on providing a secure and convenient way to shop online. The VirtualSpend brand has since been discontinued, and its functionalities have been merged into the "Netspend Virtual Account" service, which is offered by Netspend, a leading provider of prepaid card solutions in the United States.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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virtualspend

Norway

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.