Okay, so this is a departure from our red tape world. It looks like fee-for-service practices are noticing a new trend in payments from insurance companies and payers – they are actually paying for services rendered with credit cards or virtual credit cards.
A virtual credit card? Is that a real thing?
Yes it is. According to wiseGeek.com, “A virtual credit card, also known as a throwaway or temporary credit card, is a disposable payment card used for one-time purchases. It consists of a single-use credit card number generated by the credit card issuer. In most cases, virtual credit card numbers can only be used once, and will expire after about a month if not used.”