Zil Money has launched a Virtual Card feature, marking a significant step forward in financial technology by offering users detailed control over their payment processes. This feature allows for the setting of specific spending limits, real-time transaction monitoring, and the application of restrictions based on various criteria such as merchant, location, and time. Such capabilities ensure a high level of financial management and security for both personal and business use.
The CEO of Zil Money, Sabeer Nelli, highlighted the feature's design to empower users with complete control over their payments. The Virtual Card supports instant creation, easy fund reloading, and immediate cancellation in case of security concerns, addressing the need for flexibility and security in digital transactions.
Among the key benefits of the Virtual Card are customizable monthly spending limits and the ability to monitor usage in real time. These features are particularly advantageous for handling recurring payments and one-off purchases, catering to a wide range of financial activities. With a user base exceeding one million and a history of processing over 91 billion transactions, Zil Money reinforces its position as a leader in financial technology innovation.
The introduction of the Virtual Card by Zil Money represents a pivotal development in the realm of digital payments, offering a secure and adaptable solution for today's diverse financial requirements. This advancement underscores the company's commitment to delivering cutting-edge financial tools that meet the evolving needs of businesses and individuals alike.
