What Is a Ghost Credit Card?

Answer

A ghost credit card is a virtual credit card. It is considered virtual in the sense that large corporations opt to give an entire department or all its employees a credit card number, which they can use for purchases to a specified limit, instead of issuing every employee with a personal credit card. The company then makes a collective payment for all purchases.
Q&A Related to "What Is a Ghost Credit Card"
A ghost credit card reduces fraud and overspending. The employee can't spend money from a card that the employer owns without approval, because the order is only finalized after the
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It can be either helpful piece of plastic or very dangerous. It is all in the way you use it. You should never charge something on your credit card that you cannot afford to pay back
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By not accepting credit cards, you may have lost hundreds of potential customers who either did not have another method of payment or were unwilling to use another method. Many people
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Luxury charge cards are prestige items that separate the biggest spenders from normal consumers. Since many are invitation-only, they are an instant marker to "those in the know
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Ask.com Answer for: what is a ghost credit card
What Is a Ghost Credit Card?
A ghost credit card is a virtual credit card. Corporations, government agencies and other large employers use ghost credit cards as an alternative to issuing a credit card to each employee. Each employee uses the ghost number, and then the organization... More »
Difficulty: Easy
Source: www.ehow.com
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