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Update August 2023: Virtual vs. physical cards & Payments into the Nordics
Update August 2023: Virtual vs. physical cards & Payments into the Nordics

Virtual vs. physical amnis cards: Discover all benefits

Sabrina Maly avatar
Written by Sabrina Maly
Updated over a week ago

Discover the versatility of virtual and physical debit cards in this month's newsletter, as we explain the difference and uncover their unique benefits in preparation for our upcoming debit card launch.

Discovering debit card advantages: virtual vs. physical

Both virtual and physical debit cards serve the common purpose of facilitating payments, but with one fundamental distinction: virtual cards are provided digitally and are primarily designed for online purchases, while physical cards can be used in-store and at ATMs. However, virtual cards excel in ease of management compared to their physical counterparts. Let's take a look at the key differences!

Physical cards: On-the-go convenience with ATM access

  • Easy online ordering, delivered within days

  • Accepted globally in stores

  • ATM cash withdrawal available

Virtual cards: Seamless online payments and control

  • Real-time online card setup for instant use

  • Low-cost & eco-friendly: No plastic or shipping

  • Ideal for online subscription management

  • Secure from lost or theft from wallet

Universal benefits: Simplified expense management and enhanced transparency

Enhanced transparency and card management define our amnis multi-currency cards, providing separate administrator and user rights, individual spending limits, and merchant type restrictions for both physical and virtual cards. Simplified expense management is facilitated through receipt capturing and export and import functions, while quick card de- and reactivation options, along with a clear dashboard, add further layers of security.

Keep an eye out for our upcoming newsletters, as we dive deeper into the distinct use cases and share practical tips to make the most out of your amnis debit cards!

Speeding up payments into the Nordics

Our local Swedish Krona (SEK) and Danish Krone (DKK) payment routes got optimized so funds will now land in a matter of minutes when making payments to any recipient via our local SEK route and any beneficiary account held at Nordea Bank via our local DKK route.

Never heard of local payment routes? Discover the advantages in our FAQ article comparing SWIFT vs. local payments!

If you have any questions, please don't hesitate to reach out to your account manager.

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