Decentralized Finance, or DeFi, opens up a whole world of financial services for you, ranging from straightforward banking services to complex financial instruments similar to those used by hedge funds and investment bankers. But here’s the twist: it all operates with cryptocurrencies instead of traditional cash.

In DeFi, you can stake your cryptocurrency in what are called smart contracts, which essentially means locking up your funds to earn interest, known as Annual Percentage Yield (APY). As a token of appreciation for staking your funds and providing liquidity, DeFi projects grant you special project-specific tokens. These tokens aren’t just a thank-you note—they give you a say in the project’s future decisions and carry some speculative value too.

Before we get started, let us first address several terms you are likely to come across in this piece:

• Financial institutions are your traditional banks
• Centralized exchanges are crypto exchanges that are operated by a managing company
• Decentralized exchanges are crypto exchanges that are not managed by one company and typically work in a peer-to-peer manner.
• DeFi is decentralized finance and refers to the industry in which regular users can engage various financial services requiring only an internet connection.

How smart contracts work in the DeFi space

A smart contract is a digital agreement that automatically executes once the predetermined criteria have been met. These computer codes are facilitated by blockchain technology and rely on the blockchain that they are built on. 

At the moment, your bank account from financial institutions might give you the right to a certain amount of monthly interest at a fixed rate. The deal is reached through a formal application procedure - which can take many days - that is handled by a mix of people and software and is acknowledged in writing. Once successful, the bank account is opened and you have access to the services.

A smart contract, on the other hand, uses a programming language (e.g. Solidity on Ethereum) to map out the mathematical aspects of an agreement - how much interest is due when and where it should be paid - while the underlying Ethereum blockchain executes the contract for a fee, making it transparent and unchangeable.

The ups and downs of the DeFi ecosystem

owever, it’s not all smooth sailing. DeFi can offer higher returns than traditional banks, which is quite appealing, but it also comes with higher risks. For instance, if something goes wrong with a smart contract, or you lose access to your private keys, there’s no safety net to catch you.

To dip your toes into DeFi waters, you’ll need a digital wallet like MetaMask and some funds from a cryptocurrency exchange. Once you’re set up, you can participate in various DeFi activities like lending or staking, each with its own set of fees depending on the network you’re using.

Additionally to the higher returns, DeFi tokens have also seen a rise in value, with some entering the top 20 and top 10 biggest cryptocurrencies based on market cap.

Furthermore, the value of DeFi tokens has surged, with some climbing into the top ranks of cryptocurrencies by market cap. This growth indicates a strong interest and a robust market presence, which can be exciting for anyone involved in the space.

However, it's not all smooth sailing. DeFi comes with its own risks that you should be aware of. For instance, executing smart contracts can get pricey, especially during times of network congestion. If you're looking to cut down on fees, you might want to explore alternatives to popular platforms like Ethereum, which can be more cost-effective.

Also, not all smart contracts are built the same. Some may have vulnerabilities that could put your funds at risk if not properly managed or if an error in the contract execution occurs. This highlights the importance of being careful with where and how you invest your digital assets.

Moreover, the decentralized nature of these platforms means that you’re in full control—which sounds great until you realize there is no safety net. If you lose access to your private key or make a transaction mistake, there's no customer service line to call for a do-over.

Ensure you vet various DeFi protocols before engaging

In general, more established Defi protocols with a higher total value of assets secured within them (also referred to as Total Value Locked, TVL) are safer. This is due to the fact that their code has been more thoroughly audited and "battle-tested".

Newer platforms will typically offer higher APYs in order to entice investors and build up liquidity. While this may sound lucrative, always ensure that you've done your research in order to understand exactly how the protocol operates and who is behind the project. 

Here are a few things to look out for:

• Has the protocol's code been professionally audited? 
• How long has the project been live?
• What is the platform's TLV? (The higher the better)

Finding your top Defi protocol

There are a number of "well-established" DeFi platforms that have proven reliable and trustworthy in recent years. While the risks are still prevalent, these are the most established options when looking to enter the DeFi space with the leading DeFi protocols.

Aave

Compound

Maker

Yearn Finance

How to use DeFi protocols (Get started in DeFi)

Jumping into the world of DeFi protocols can be quite an adventure. Here’s a simple guide on how to get started :

First, you'll need a digital wallet, and MetaMask is a popular choice. It's user-friendly and a common gateway for engaging with DeFi platforms.

Once you have your digital wallet, you'll need to move your cryptocurrencies into it. This is usually done through a transfer from a centralized exchange. For example, if you have a Tap wallet, you can transfer Ethereum (ETH) or other supported assets directly into your MetaMask wallet. Remember, DeFi protocols operate with cryptocurrencies, not traditional bank funds.

With your wallet set up and your funds in place, you can connect to any DeFi application that interests you. You can then engage with various features of the platform, such as depositing funds into a lending protocol. Keep in mind that actions like depositing, staking, unstaking, or withdrawing will typically involve network fees, which vary by blockchain.

That’s all there is to it! With these steps, you can start exploring the different functionalities and opportunities within DeFi at your own pace.

Understanding the risks associated with DeFi

While we've stressed that using tried and tested DeFi platforms provide a higher level of security, there are still risks associated with the DeFi space.

Below are some more steps you can do in order to secure your cryptocurrency assets and decrease the chance of losing your funds.

• Consider insurance, look into options for insuring your assets to help mitigate potential losses.
• Research the team behind the project, do your due diligence.
• Familiarize yourself with the platform's operations and features. For instance, if a platform advertises a certain return rate, such as 10% APY, delve into how they achieve those figures.
• Don’t commit more than you can afford to lose

Decentralized finance is one of the most innovative and promising areas in cryptocurrency. It is also a harsh environment, however, that demands some expertise before stepping in.

Before you place any funds into Defi protocols and become one of the many liquidity providers, ensure that you've fully vetted the project and considered the pros and cons of what it has to offer. Also ensure that you understand how the platform operates.

The DeFi space can be both lucrative and devastating, it is complex and requires a good amount of know-how. If you wish to get involved, take the time to really understand both the opportunities and the challenges it presents first. This way, you can engage with DeFi more cautiously and equipped with the necessary knowledge. And remember with Defi everything is at your own risk.
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The Lightning Network is a second layer solution that enables Bitcoin users to make fast and cheap transactions without compromising on security. The layer two technology allows users to enjoy the benefits of both the Bitcoin and Lightning Network layers simultaneously. Learn more about the Lightning Network solution below.

The Bitcoin trilemma

In order to compete with other payment channels like Visa, the Bitcoin network must be able to process transactions much faster and at a fraction of the cost. However, this scaling cannot come at the expense of decentralization or security.

The "Bitcoin trilemma" is a term used to outline the conflict between these three principles, scaling, security, and decentralization. 

The aim of Bitcoin Cash, Bitcoin SV, and other forks was to increase the block size in order to make Bitcoin transactions faster and more affordable on-chain.

However, these attempts failed to produce an effective method to transact quickly and inexpensively on-chain while still maintaining Satoshi's design. Hence, the Bitcoin Lightning Network.

The lightning network payment channels solution

Is it possible for the Bitcoin network to have it both ways, to keep its original architecture while also functioning as a fast micropayments network? The answer is yes, and thanks to the advent of Lightning Network transactions, Bitcoin can be used for everyday transactions like paying for a cup of coffee.

The Lightning Network is a type of layer two solution that is compatible with the Bitcoin service. This off-chain solution was first conceptualized in 2015 by Joseph Poon and Thaddeus Dryja.

The Lightning Network works by removing the burden of micropayments from the Bitcoin blockchain and instead utilizes multiple payment channels, which are controlled via multi-signature (multi-sig) Lightning Network wallets.

Why the lightning network?

How quickly can the Bitcoin network process transactions? Bitcoin is presently capable of processing between 2 and 7 transactions per second.

Visa, the current payment channel that drives your debit and credit card transactions, handles 150 million transactions each day, that's 24,000 transactions per second.

In order to make Bitcoin a competitive service to Visa, the Lightning Network needs to be implemented. This channel ensures that micropayments are instantly and cost-effectively executed, and is able to process thousands to hundreds of thousands of transactions instantly. 

The core concepts of how the Lightning Network works.

So how does the Lightning Network work? This layer 2 solution works on top of the Bitcoin blockchain, allowing thousands of micropayments to be executed at one time. This lowers the costs and increases the transaction speed of the initial transaction. There are three core components of the Lightning Network: the nodes, channels, and invoices. 

Lightning Network Nodes

This software connects with other nodes in order to form a network that connects to the Lightning Network to facilitate the sending and receiving of Bitcoin. 

Lightning Network Channel

Users of the Lightning Network establish payment channels with one another so that they may conduct transactions off-chain, which can then be settled (closed) on the mainchain (on-chain).

Invoices

Invoices are QR codes that represent requests for Lightning Network payments on the Lightning Network. Invoices include all of the data necessary to complete a payment on the network, such as the payment amount, which blockchain the invoice is associated with, expiration date, payee pubkey, routing hints, and other information.

How to use the lightning network

In order to make use of the Bitcoin Lightning Network, you will need to open a compatible Lightning Network wallet. Once you have downloaded and signed up for the wallet, you will need to send funds. Simply locate the wallet address of the Lightning Network-enabled wallet and send the funds via your normal payment channel. Once the funds appear in your wallet, you can then send transactions via the Lightning Network to other enabled wallets.

Building wealth doesn't have to wait until you're settled down and "old". In fact, the sooner you start the better. Whether you want to buy a house one day, or start saving for retirement, starting to generate wealth earlier on will help you achieve these goals sooner.

Your 20’s & 30’s pose an excellent opportunity to build wealth as these years allow you to learn from your mistakes and take risks with a minimal downside (far fewer than if you started this process when you've got a family to support or an upcoming retirement).

There are two important notions to remember: this is not a get-rich-quick scheme, nor does it need to be complicated. Building wealth is more about setting yourself up on the fast but responsible track to wealth in later years.

8 Tips on how to build wealth

Below are 8 tips on how to stay on the straight and narrow when it comes to generating wealth.

1. Create a living expenses budget and stick to it

It might not sound glamorous, but budgeting and saving money is not as bad as you think. Creating a budget for your living expenses (and sticking to it) is one of the surest ways to grow your money in the long term. Explore options like the 50/30/20 rule or 70/20/20 rule to establish what to spend on needs, wants, and savings each month and provide frameworks that allow you to save more money.

Living on a budget doesn't mean skimping on luxuries, it simply means managing spending money on luxuries and not overspending. It also trains us not to live paycheck to paycheck and instead determine exactly what we are spending our money on and ultimately save more money for the things we want to do in life (like buy a house or build a healthy retirement fund).

Financial independence takes work but is not entirely out of reach for anyone. One needs to start building a financial plan today in order to accumulate wealth further down the line.

2. Start eradicating your debt (from credit card debt to student loan debt)

Prioritise paying off your debt and living within your means in order to build your personal capital. Of course, sometimes debt is unavoidable, but bouncing back is imperative to building wealth down the line. Consider saving up to pay off your debt before using those savings for investments.

The 20/10 rule stipulates that you use a maximum of 20% of your annual net income on consumer debt, while each month you use no more than 10% of your net monthly income to pay off this debt. Ideally, stay away from consumer debt entirely and prioritize paying off anything you owe so that you can have more money in the long run.

3. Explore the working world

Your 20s are a great time to try new things in the job world. Explore new opportunities and build your experiences to grow your earning potential down the line. Consider each new job experience an opportunity to grow your skill set and increase your earning potential as you ascend the corporate jungle gym.

While a job might not pay more money, the experience it gives you can leverage your next job and result in greater financial success. It also might help you find money-minded friends, a great benefit to have when building wealth and personal capital.

4. Increase your income streams and make more money

While you're gaining experience in the working world consider building multiple income streams through side hustles, your own business or freelance gigs. Not only will this too contribute to a wider skill set, but will also create additional income streams which can be used for investments or holidays. You can build wealth while enjoying life, and additional income streams are the surefire way to do this and achieve financial freedom.

5. Educate yourself on finances

You're more likely to grow financially if you understand finances. Never underestimate the power of being financially literate and having the right money mindset. Use your twenties to read books, articles, and blogs to gain both knowledge and street-smartness to help you navigate your journey to financial freedom.

6. Investing

First, and as a continuation of the point above, do your own research before investing in any asset class. Investing from an early age can have ample benefits (read up on compound interest for one), but doing so without understanding how investments work can have dire consequences. Educate yourself or consult a professional, and start small. You don't need a huge amount of capital to get started.

7. Build an emergency fund

An emergency fund is 3-6 months' worth of living expenses and is a major contributor to financial wellness and laying the right financial foundation for later in life. Emergencies in life are inevitable, whether it be a medical emergency, a family crisis, or a car or house emergency, and an emergency fund is a surefire way of avoiding financial ruin as a result.

Learn more about building an emergency fund in our 7 simple steps to start (and build) your emergency fund article.

8. Get started with your retirement fund

It might not sound sexy, but starting to save for your retirement in your 20s is ideal. Starting to save for retirement when it's right around the corner isn't advised, so why not start now so that it can grow into something substantial by that time? Imagine what two to three decades of retirement savings might look like, compared to a few years.

As always, do your research and start small. You might even find that you can retire much earlier than expected. This is the number one mistake that young people make today.

In Conclusion

There's no time like the present to start considering your financial situation and what you can do now to make it prosper in the years to come. Avoid get-rich-quick schemes and use the time to take educated risks, the earlier you start working on your growing wealth journey, the better.

Even if you're not earning a lot, be diligent and consistent and you will see results. Start building these habits now and you will reap the rewards along the way.

Disclaimer: This article is intended for communication purposes only, you should not consider any such information, opinions, or other material as financial advice.

We've all been caught off guard with an emergency payment - from having to replace an appliance to an unexpected medical bill. These things happen and they're out of our control, so it's best to be prepared. Emergency funds are the best way to protect yourself, and a great way to start building your savings. 

These unforeseen expenses shouldn't cripple your savings. With an emergency savings fund, you can recover more quickly and get back on track to achieving your financial goals with little to no stress.

What is an emergency fund?

An emergency fund is easily accessible money stored in a bank account set aside specifically for unexpected expenses or financial emergencies, anything from medical expenses to a loss of income. Emergency savings are typically used for unplanned expenses that fall outside of your normal monthly spending, with the funds stored in a savings account.

These funds allow you to weather the storm and avoid the need (and costs) of taking out a high-interest loan or credit card debt. Keeping the funds in a savings account removes the temptation to spend it, as would be the case if you stored the funds in a checking account.

Why emergency savings are important

Emergency or unexpected expenses without the proper precautions can quickly turn into debt or take a toll on your savings goals. And if hit with two or more in a row, this might cause long-term consequences that cause havoc on your finances. 

Rather rest assured knowing that you have an emergency fund in place should something unexpected happen than fall back on costly loans and credit cards, or even other savings accounts like your retirement savings. 

Emergency funds play an essential role in any reliable financial plan, providing peace of mind and a buffer for your other savings accounts. These funds can be used during periods of unemployment, the sudden death of a family member, illness and disability, or emergency home and auto repairs. Never underestimate the importance of an emergency fund and its impact on your financial well-being should something go wrong.

Start your emergency fund with these 7 simple steps

1. Review your monthly budget and see where you can save

It's critical to understand where your money is going so you can find ways to save it. Budgeting allows you to maximize your income and discover methods to decrease or control your spending.

To do this you can sit down with a financial advisor, or take matters into your own hand with your checking account statements, a pen and paper or a budgeting app. Be sure to review both your checking and savings accounts to get a clear picture. This is the first step in improving your financial health, and to start building your emergency fund.

2. Establish a goal amount for your emergency fund 

A budget is a plan for spending that helps you figure out how much money you'll need each month to meet your essential expenses. A general rule of thumb when looking to build an emergency fund goal is to aim for six months' worth of income, enough to cover monthly expenses for housing, food, and transportation. 

Don't be discouraged by how long this will take, rather establish a goal to work towards and move forward in that direction. Ideally, you want to be able to cover your living expenses for six months.

3. Create a direct deposit to your savings account

Avoid temptation by setting up a direct deposit from your current bank account (or wherever you receive your income) to your savings account. Better yet, you can create a split direct debit which allows you to automatically allocate funds to various accounts, including retirement funds etc. 

If you're new to saving, experts recommend starting with an emergency fund, and once you've established this, move on to other savings accounts. If you already have a retirement fund or money market account set up, continue with this while building your emergency fund. 

4. Little by little increase your savings

Increase the amount you're putting into your emergency fund by 1 percent or a certain amount over time until you've reached your savings goal. Increasing amounts gradually might help to make the smaller deposit into your checking account seem less noticeable and steadily build financial security.

5. Direct any unexpected income straight to your savings accounts

Commit to redirecting any unexpected income to your emergency fund, at least until you have reached your saving goal. This might be money from a bonus, inheritance, a tax refund, lottery winnings etc. 

6. And once you've reached your goal? Save some more

Being unemployed for more than a year or being hospitalized for several months are both situations that require more than a six-month cushion. Should you find yourself here you’ll be glad you have more money saved in your emergency fund.

7. Find a bank account with perks that can kickstart your savings

When opening new checking or savings accounts, shop around by observing bank or credit union offers. Some banks offer cash incentives to new customers. Use this to kickstart your emergency fund, or to add a little extra to an already established one. 

In conclusion

An emergency fund provides a cushion for unplanned events and can help you avoid taking on credit card debt or taking out a personal loan. By putting your emergency money in a high-yield savings account as opposed to checking and savings accounts, you can earn interest while you save money and build your nest egg.

Having an emergency fund saved in a separate account prevents you from spending the money and ensures that it is accessible in the case of an emergency. Emergencies can occur whether or not you are prepared; as a result, being prepared is the best way to deal with a potentially difficult scenario.

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What is scarcity?

Scarcity is a crucial concept that highlights the gap between our endless needs and the limited resources available in the world. This idea isn't just about everyday goods and services; it's also vital in the investment world. Understanding scarcity helps explain how we make decisions about resource use, how markets function, and how prices are set. Whether you're thinking about global resource challenges or investment opportunities, grasping the impact of scarcity is essential for navigating both.

Definition of scarcity

In economic terms, scarcity means there is a finite supply of raw materials, land, labour and capital available, while the demands and desires of individuals, businesses and society as a whole are effectively limitless. 

From an investing point of view, scarcity can be seen in the limited number of high-quality stocks available on the market. While there are a growing number of investors seeking profitable opportunities, there are only so many well-performing companies to invest in. 

This scarcity often drives up the prices of top-performing stocks, as more investors compete to own shares in these limited number of attractive companies. As a result, investors must carefully prioritise their investment choices, balancing potential returns against the higher costs of investing in scarce, in-demand assets.

Factors affecting scarcity

Economists use the term scarcity to explain why some goods or resources that were once plentiful become limited over time. We can break down the main causes of scarcity into three types:

• Demand-induced scarcity: This occurs when people want more of something than is available. For example, when a new, popular video game console is released, it might sell out quickly as demand outstrips the initial supply.
• Supply-induced scarcity: This happens when outside factors make it harder to produce or obtain a resource, reducing its availability without necessarily changing how much people want it. An instance of this could be a shortage of computer chips due to manufacturing disruptions, affecting the production of electronic devices.
• Structural or relative scarcity: This type of scarcity arises when some groups have better access to a resource than others. Often, this inequality stems from political or economic factors rather than the actual amount of the resource available.

Scarcity across different industries

Scarcity hits different industries in unique ways. In agriculture, things like droughts or poor harvests can reduce food supplies, pushing prices up and changing what people eat. For tech, shortages of parts like microchips can slow down production, make gadgets more expensive, and limit what's available to consumers. 

While in healthcare, running low on essential medicines or equipment can drive up costs and restrict access to care. These scarcities affect how much gets made, the prices we pay, and the choices we have to make about what we can afford or get access to.

In finance, scarcity also plays a crucial role. Limited capital resources mean investors must choose carefully where to allocate their funds while scarcity of investment opportunities can drive up asset prices in popular economic sectors. 

How scarcity impacts us

In modern society, scarcity impacts everyone-individuals, businesses, and governments. For people, it means making tough choices about how to spend their money and what to prioritise. 

Businesses, on the other hand, face challenges in sourcing materials or managing production, which can affect their prices and operations, while governments must navigate scarcity when creating policies, balancing budgets, and addressing public needs. 

Scarcity drives economic policies by influencing decisions on resource allocation, investment, and regulation. It also shapes market dynamics in economics, as shifts in supply and demand affect prices and availability of goods and services, impacting the overall economy.

Scarcity in economics

From an investing perspective, scarcity refers to the limited availability of an asset compared to high demand, which can drive up its value. It occurs when resources or assets are in short supply relative to the number of buyers interested. Factors causing scarcity include finite resource limits, increased demand, or disruptions in supply chains. 

For investors, scarcity can make certain assets more attractive, as their limited nature can lead to higher prices and potential returns. Looking at Bitcoin as an example, it has a maximum supply of 21 million coins, which implies that when the supply gets more scarce, the price might be driven up. 

Strategies to address scarcity in markets

Whether you're investing or trading, here are 6 strategies that can help you navigate the markets with confidence:

• Diversify Your Investments: Spread your investments across different areas to reduce the impact if one sector faces issues.
• Choose Stable Sectors: Opt for areas or assets that are less likely to face supply problems, such as those with abundant resources.
• Explore New Markets and Technologies: Look into emerging markets or innovative technologies that could offer growth opportunities.
• Focus on Long-Term Value: Consider assets like real estate or commodities that are likely to maintain their value over time.
• Stay Informed: Keep track of market trends and changes in supply and demand to adapt to scarcity.
• Consider Sustainability: Invest in projects or technologies that use resources efficiently and could help address future scarcity challenges.

These are simply suggestions to consider and not financial advice, please do thorough research before implementing any of these strategies.

Conclusion

Scarcity is a key idea in economics that shows the gap between our endless desires and the limited resources available. It affects everyone, from our daily choices to how businesses and governments plan. 

By understanding scarcity, we can make better investment decisions, manage resources wisely, and craft effective policies. This understanding is essential for navigating markets, balancing needs, and ensuring resources are used effectively.

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The financial industry has seen significant growth within its digital sector due to the adaptation required during Covid-19. With the increased interest in digital payments has come the rise of virtual cards.

Shopping online and online purchases continue to break barriers that traditional financial institutions never predicted. While these institutions do allow users to do online shopping, there are still a lot of limitations and risks to be wary of. 

Every time you shop online, you risk your account number and details being stolen and used against you. Credit card companies have had to evolve, and one way they have done that is through the introduction of an actual account-linked virtual card.

How do virtual credit cards and debit cards work?

Virtual cards are stored on your mobile device and can be used to make contactless payments in store or online. A virtual card has its own unique card number, CVC, and expiration date. These virtual cards are simply a copy of your physical card, linked to your bank account, and stored on your application or phone. Think of it as an online account and card.

Virtual cards are very similar to an actual credit or debit card, with the main difference being that they only exist digitally, and can not be used to withdraw physical cash. Virtual credit cards provide the same features and mechanics as traditional credit and debit cards. 

A virtual credit card still has an expiry date and 16-digit account number, and CVV codes. They are connected to payment networks like Visa and Mastercard and are generally accepted by merchants who use physical card machines, similar to Apple and Google Pay. 

Your virtual card information and virtual credit card number are stored digitally, eliminating the risk of someone stealing your card and simply entering your details when shopping online. 

Virtual credit cards act as digital wallets, providing more advanced security and ease of online access. Virtual cards are created for one-time use or act as a temporary account number, but what are the benefits of a limited-use virtual card number? Let’s get into it.

Benefits of a virtual credit card

The first and foremost virtual credit card feature benefit that you can expect is an enhanced layer of security. To combat fraudulent activity, a data breach, and account information being stolen, virtual cards have randomly generated and disposable card numbers. This makes virtual cards one of the safest payment methods, eliminating physical and confirmed details, meaning your temporary information can not be stolen or lost. If your info is compromised, you can cancel it without having to create a new bank account or waiting for a new card in the mail.

Control and customization is an additional layer of benefits users can expect from using virtual credit cards. Users can customize how many virtual account numbers they want, set spending limits, choose their preferred currencies, and more. Similar to a normal debit card account, you can also create recurring payments with merchant details, as tailored to the amount, time, and so on.

Some virtual credit cards provide users with point-earning rewards or store credit when used. Credit card companies can also easily access your information to improve your credit score based on your recurring payments set up. 

Creating multiple virtual debit cards allows you to distribute, allocate, and track funds with ease. This means at the end of the day, you have more visibility of your funds going in and out and can create a dedicated virtual debit card for a specific area of your financial responsibilities.

Getting your virtual card number

Whether you are trying to manage your funds with your debit or credit cards accounts, a virtual card can make matters easier. All you need is a debit or credit card account, such as the one offered by Tap and you can create your unique virtual card at the click of a button. With some traditional banks you can even create multiple cards if you want, each with its own unique account number and expiration date. 

These digital wallets and accounts provide ease when you want to shop online, avoid physical wallet and card theft, as well as easier fund management. A virtual debit card is a big part of the future, as we move into the digital era.

Experience a whole new world of digital payments and money management from the safety of your mobile device. You should be able to use your virtual card at any merchant that accepts debit and credit card payments, or contactless transactions, such as Apple Pay or Google Pay. Create your virtual account number today and enjoy purchases online and in-store. The future of payments is here.