Citi and BOA get away with it because they can allocate out of a large pool of BIN numbers that are otherwise regular use debit/credit cards. These guys will have to figure out how to get a similar "mix" to avoid being flagged as prepaid/single use. This was the issue that ultimately caused PayPal to kill the service they had that was almost exactly the same as Privacy.com.
> will have to figure out how to get a similar "mix" to avoid being flagged as prepaid/single use. This was the issue that ultimately caused PayPal to kill the service
That's fascinating. Perhaps PayPal killed it for multiple reasons because the (possibly biased) answer from a PayPal said not enough people were using it: "The one-time card numbers -- technically they were MasterCard virtual debit card numbers -- were discontinued as a public user-facing feature because they were not generating sufficient transaction volume and revenue to warrant further development."
[1]https://www.quora.com/Why-did-PayPal-discontinue-their-one-t...
Re:Privacy – Forget Your Credit Card
by harshreality on Thursday March 24, 2016 @07:24PM
(#11357350)
Those might not be distinct reasons.
If a lot of merchants were flagging and rejecting transactions from Paypal's virtual CC BIN numbers, that would prevent people from using it very often, leading to "not generating sufficient tx volume", right?
Why do vendors want to block single-use CC numbers?
I generate Citi's virtual credit card numbers every month for numerous online shopping payments and I haven't run into issues.
It seems that it's not possible to determine if a card is a virtual number by parsing the digits.[1] Do you have other information stating that merchants know how to reject virtual cc numbers?
[1]"As there is no way for a merchant to identify a card as virtual up-front," https://support.cybersource.com/cybskb/index?page=content&id...