I went looking through different virtual card providers for something that’d let me make a purchase I originally intended to use a prepaid for, yet they wouldn’t accept it. This led me to looking into Virtual Card providers as they’d work more consistently.
Problematically, Privacy.com seems overkill on what all it demands as far as KYC standards go, and some suggest IronVest as an alternative because it demands less. Yet, their privacy policy explicitly states they can share your information with advertising partners.
I haven’t encountered many providers, but seeing this trend, I wanna raise the question: Is there any virtual Card provider that really cares for privacy, and the privacy-minded?
How does privacy.com’s privacy policy compare to ironvest’s then? you specifically pointed out ironvest’s privacy policy to compare, but only stated that you felt privacy.com is ‘overkill’. i haven’t check their policy, but if they have a rock solid kyc and a name like ‘privacy’ i’d think they’d probably do a bit better at not sharing your data with others than, say, ironvest - but their policy needs to be checked.
i have friends who use privacy.com and are pleased with it. you can lock virtual cards to specific merchants, or make single-use/burner cards. i don’t know what else, but segregating merchants alone increases your privacy and reduces your risk, so i’d think you need to check their privacy policy and see how they handle your data, since that’s a concern you pointed out.
" i haven’t check their policy, but if they have a rock solid kyc and a name like ‘privacy’ i’d think they’d probably do a bit better at not sharing your data with others than, say, ironvest"
First, isn’t “kyc” “know your client”? I don’t get what you mean with “a rock solid kyc”.
Second, I generally find that when names that are very value focused, it is often a scam. Take “Truth Social” for instance. Using a name like Privacy would push me towards skepticism, not trust.
I use privacy.com for some things where I’d rather not share my data with the vendor. I like them, their privacy policy doesn’t have anything too weird. I’m also under no allusion that it’s subpoena-proof though, but that’s not really what I’m looking for for banking anyway.
EDIT: OP appears to be concerned with how they handle the PII they collect. As far as I know, I’ve never been impacted but tbh how would I know if they didn’t tell me? If anyone has heard otherwise, I’d like to know.