Virtual Cards

by  Wyn Staheli
February 4th, 2015

Sometimes called "disposable," "temporary," or "one-time use" numbers, a virtual credit card number is "like putting a wall" between your transaction and your regular account, says Steve Kenneally, vice president of the American Bankers Association. Although these cards can protect the cardholder from fraud, the use of virtual cards as a form of electronic funds transfers (EFT) payments for healthcare services can present some problems for healthcare providers.

Advantages - according to the NACHA (The Electronic Payments Association):


The acceptance of virtual cards is NOT required to participate in EFT (see 45 CFR 162.925 (a) (1)). A provider may 'opt out' of receiving virtual cards. Even if you accept credit cards from patients, you are not legally obligated to accept credit card payments from payers. Under HIPAA rules, a health plan may not delay or offer incentive for a provider to receive the claims reimbursement payments using other payment options.

For more detailed information on how EFT works as part of the eHealth initiative, see

For more about virtual cards in general, click here.

Virtual Cards. (2015, February 4). Find-A-Code Articles. Retrieved from

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