6 best virtual debit card in India for businesses (2025)

● Overview

Volopay virtual prepaid cards offer a smart, secure way for businesses to manage expenses digitally. These cards can be created instantly for employees, teams, or vendors, promoting better control over spending. Designed for online transactions, they simplify business payments while reducing reliance on physical cards and manual tracking systems.

● Set-up process and requirements

Setting up Volopay virtual prepaid cards is quick and hassle-free. Businesses need to create an account, complete basic KYC documentation, and get administrative approval. Once verified, users can issue multiple cards instantly from the dashboard. No physical delivery or bank branch visits are required, making the process entirely digital and seamless.

● Key features of the card

Volopay virtual prepaid cards come with customizable spending limits, merchant restrictions, and real-time expense tracking. Businesses can generate unlimited cards for different use cases and instantly freeze or deactivate any card. These cards support multi-currency usage, automated approval workflows, and are accessible via mobile or desktop platforms for added convenience.

● Limitations

While Volopay virtual prepaid cards are highly functional, they are limited to online and card-not-present transactions only. They cannot be used at physical POS terminals or ATMs. Additionally, businesses may face restrictions on international use based on regulatory compliance or card network limitations in certain countries or regions.

● Targeted customers

Volopay’s virtual prepaid cards are ideal for startups, small businesses, and large enterprises aiming to improve financial control. They suit finance teams, marketing departments, and operational managers needing budget oversight. Companies with high volumes of digital transactions or remote teams will especially benefit from the flexibility these cards offer.

● G2 rating

Volopay has received positive feedback on G2, with users praising its intuitive interface and ease of expense management. The platform maintains a competitive rating, typically around 4.5 stars, based on real customer reviews. Users frequently highlight the card’s transparency, speed, and effectiveness in simplifying business finance operations.

● Security features

Volopay virtual prepaid cards offer robust security, including card-specific restrictions, instant freeze options, and two-factor authentication. Cards can be configured to work only with approved merchants, minimizing risk. Since the cards are not physically issued, the chances of theft or fraud are significantly reduced, enhancing transaction safety.

● Integration with accounting software

Volopay virtual cards integrate smoothly with major accounting software like QuickBooks, Xero, and Netsuite. Each transaction is automatically categorized and synced, reducing manual data entry. This integration supports faster reconciliations and ensures that finance teams maintain accurate, up-to-date books with minimal effort and higher overall efficiency.

● Overview

HSBC virtual cards provide a secure and flexible tool for businesses to manage digital spending with better control. These cards are designed for one-time or recurring online payments, reducing dependency on physical cards. They help streamline purchasing workflows, improve oversight of vendor payments, and minimize the risk of fraud or misuse.

● Set-up process and requirements

To access HSBC virtual cards, businesses must have an active HSBC corporate banking relationship. Enrollment involves contacting the HSBC relationship manager and completing required documentation.

Once onboarded, cards are issued through HSBC’s secure digital platform, where businesses can customize controls such as spending limits, duration, and merchant restrictions.

● Key features of the card

HSBC virtual cards allow customizable spending limits, transaction-specific controls, and real-time monitoring. They support multi-use or single-use formats and offer automated reporting and reconciliation.

Cards can be created instantly for different departments or vendors, enabling greater expense visibility and control over company-wide digital transactions.

● Limitations

HSBC virtual cards are not suitable for in-store purchases or ATM withdrawals, as they function solely for online and remote payments. Smaller businesses may face longer onboarding timelines due to compliance requirements. Integration with third-party tools may require additional support or development resources depending on business needs.

● Targeted customers

HSBC’s virtual cards cater to mid-to-large businesses looking for enhanced payment security and control. Ideal users include procurement teams, finance departments, and businesses managing vendor payments at scale. Enterprises with centralized financial operations or recurring digital transactions will benefit most from this solution.

● G2 rating

HSBC’s virtual card service is not independently rated on G2, but the bank’s corporate services generally receive favorable feedback. Clients appreciate HSBC’s robust global support, data security, and reliable transaction handling. Some reviews mention that platform navigation and response times could be improved for faster access to features.

● Security features

HSBC virtual cards are equipped with advanced security measures such as encryption, tokenized card numbers, and time-bound usage settings. Businesses can restrict cards to specific suppliers or uses, reducing fraud risks. Real-time monitoring alerts ensure quick response to any suspicious activities or unauthorized charges.

● Integration with accounting software

HSBC offers integration capabilities with major accounting and ERP platforms, enabling automatic expense mapping and faster reconciliation. Businesses can export transaction data for reporting or use HSBC’s APIs for deeper connectivity. These integrations help reduce manual work and enhance visibility into payment and expense flows.

● Overview

SBI corporate virtual cards offer large businesses and government institutions a secure way to manage online payments without using physical cards. These cards are issued against a credit limit and are best suited for single-use transactions. They enhance financial control, reduce fraud risk, and streamline corporate procurement workflows.

● Set-up process and requirements

To set up SBI corporate virtual cards, businesses must have a corporate account with SBI and apply through their relationship manager.

The bank performs eligibility checks and sets credit limits based on financial standing. After onboarding, virtual cards can be generated via SBI’s secure online banking platform.

● Key features of the card

SBI corporate virtual cards support one-time online transactions with merchant-specific locking and defined validity periods.

Cards are generated with unique numbers for each use, adding a layer of security. They come with real-time SMS/email alerts, transaction reports, and dashboard access for finance teams to monitor spending.

● Limitations

SBI corporate virtual cards are limited to single-use cases and cannot be used for recurring payments or in-person transactions.

Setup and approval timelines may be longer due to manual onboarding and documentation. Smaller businesses might find the eligibility criteria restrictive or less adaptable to dynamic operational needs.

● Targeted customers

SBI’s corporate virtual card is designed for large enterprises, public sector units, and institutions with high-value, one-time online payment needs.

It’s ideal for procurement departments, government contractors, and regulated entities seeking strict control and audit compliance over digital financial transactions and vendor payments.

● G2 rating

SBI corporate virtual cards are not rated on G2, as SBI’s digital offerings are primarily reviewed through internal and local banking channels.

However, existing users appreciate the robust security, bank-backed reliability, and suitability for high-value payments. Improvement areas include digital interface upgrades and faster support services.

● Security features

SBI corporate virtual cards incorporate merchant locking, expiration controls, and unique card numbers for every transaction. Real-time monitoring, OTP verification, and SMS/email alerts ensure secure usage. The system also offers comprehensive audit trails, reducing the chances of misuse, duplication, or unauthorized digital activity.

● Integration with accounting software

SBI currently offers limited native integrations with accounting tools, relying on downloadable transaction statements for manual entry. However, businesses using ERP systems like SAP can set up custom workflows to sync data.

Future upgrades may improve direct integration with cloud-based accounting platforms for better automation.



● Overview

OmniCard virtual cards are tailored for modern businesses seeking secure and flexible digital payment tools. These cards are issued instantly and designed for seamless online transactions, including vendor payments, SaaS billing, and employee expenses. They eliminate physical card dependencies while offering full control over corporate spending in real time.

● Set-up process and requirements

Businesses can set up OmniCard virtual cards by registering on the OmniCard platform and submitting necessary KYC documentation. After approval, administrators can instantly create and assign virtual cards through a user-friendly dashboard.

The entire process is online, minimizing onboarding delays and making it easy for businesses to get started.

● Key features of the card

OmniCard virtual cards allow customizable controls including transaction limits, merchant restrictions, and card expiry settings. The cards can be paused or canceled instantly and support recurring payments.

Businesses can track transactions live, categorize expenses automatically, and generate detailed usage reports for accurate financial oversight and budgeting.

● Limitations

OmniCard virtual cards cannot be used at physical stores or for ATM withdrawals. Their usage is restricted to online transactions only. Additionally, card acceptance may be limited with certain international platforms, depending on the partner bank and card network. Advanced integrations may require additional technical support.

● Targeted customers

OmniCard is designed for startups, small businesses, and mid-sized enterprises focused on simplifying digital payments. It suits companies with decentralized teams or frequent online purchases.

Finance and HR teams managing employee reimbursements, digital subscriptions, or vendor payments benefit significantly from the flexibility offered by OmniCard's virtual cards.

● G2 rating

OmniCard does not currently hold a G2 rating specifically for its virtual card offering. However, user feedback on other review platforms praises its simple UI, real-time expense tracking, and efficient customer support.

Some users note the need for broader acceptance and deeper third-party tool integration as areas to improve.

● Security features

OmniCard virtual cards include powerful security measures such as merchant locking, instant freeze/unfreeze, and spending limit enforcement. Real-time alerts help detect suspicious activity immediately. Cards are tokenized for added protection, and administrators can delete or regenerate cards instantly to prevent misuse or unauthorized access.

● Integration with accounting software

OmniCard offers integration with major accounting platforms, including Tally and Zoho. Businesses can automate transaction recording, categorize expenses, and sync data for faster financial reconciliation. These integrations help streamline expense tracking, reduce manual input, and provide better visibility into cash flow and budgeting performance.

● Overview

Enkash virtual cards offer Indian businesses a fast, digital-first solution to manage expenses, vendor payments, and subscriptions. These cards are generated instantly and can be assigned to teams or individuals. They provide better control over spending while streamlining digital payment processes and minimizing the need for traditional physical cards.

● Set-up process and requirements

To set up Enkash virtual cards, businesses must register on the Enkash platform and complete basic onboarding formalities, including KYC verification. Once approved, companies can generate virtual cards directly from the dashboard.

The process is fully digital, with no dependency on bank branches or physical documentation, ensuring faster activation.

● Key features of the card

Enkash virtual cards allow for customizable limits, merchant locking, and transaction-level controls. Users can issue multiple cards with different purposes, such as travel, SaaS subscriptions, or marketing.

Real-time tracking, automatic categorization, and spending analytics make it easier for businesses to manage and monitor outgoing digital payments.

● Limitations

Enkash virtual cards cannot be used at physical points of sale or for ATM withdrawals. They are limited to card-not-present transactions such as online purchases or vendor subscriptions.

Additionally, some features may vary based on the financial institution backing the card, which could affect flexibility or compatibility.

● Targeted customers

Enkash virtual cards are ideal for startups, SMEs, and mid-sized enterprises seeking streamlined expense management. They are well-suited for finance managers, HR departments, and operational teams.

Companies with remote teams or a high frequency of digital transactions can benefit most from using Enkash’s card solution.

● G2 rating

Enkash has not yet been individually rated for its virtual card services on G2. However, users on other platforms have given positive feedback for its intuitive interface, fast card issuance, and seamless payment control.

Some users have requested deeper reporting features and quicker support resolution as areas of improvement.

● Security features

Enkash virtual cards come with robust security features like merchant-specific usage, customizable expiration, and instant freeze options. Each card can be limited by amount, duration, or category, reducing misuse.

The platform also provides real-time alerts for transactions, helping businesses monitor and respond to unusual activity promptly.

● Integration with accounting software

Enkash virtual cards integrate with leading accounting tools such as Zoho Books, QuickBooks, and Tally. This integration allows automatic syncing of transactions, categorized expense entries, and streamlined reconciliation.

Finance teams benefit from reduced manual work and improved accuracy in tracking business expenses across multiple departments.

● Overview

Wise virtual debit cards offer businesses a multi-currency payment solution designed for seamless international and domestic transactions. These cards enable easy spending across borders with competitive exchange rates and reduced fees. They help businesses simplify global payments while maintaining control over digital expenses.

● Set-up process and requirements

To get a Wise virtual debit card, businesses must first open a Wise Business account online and complete KYC verification. After account approval, the virtual card can be generated instantly via the Wise dashboard. The setup requires no physical documentation and supports quick onboarding.

● Key features of the card

Wise virtual debit cards support spending in multiple currencies with automatic currency conversion at low rates. They offer real-time transaction notifications, spending limits, and easy card management through a centralized dashboard. The cards can be used for online payments and subscription services worldwide.

● Limitations

Wise virtual debit cards cannot be used for ATM cash withdrawals or in-person retail purchases. The cards may have limited acceptance in certain countries or with some merchants.

Additionally, Wise virtual cards do not support corporate expense policies or advanced spending controls available in specialized business card platforms.

● Targeted customers

Wise virtual debit cards are ideal for startups, freelancers, and SMEs conducting cross-border business. Companies that frequently pay international vendors or manage remote teams benefit

from the currency flexibility.

Businesses seeking to minimize foreign exchange fees while controlling online spend find Wise an attractive option.

● G2 rating

Wise generally holds strong ratings on G2 for its international payment solutions and ease of use. While virtual cards specifically have fewer reviews, users appreciate Wise’s transparency, low fees, and reliability.

Some feedback suggests improvements could be made in expanding card features for more complex corporate needs.

● Security features

Wise virtual debit cards include multi-factor authentication, real-time transaction alerts, and the ability to freeze cards instantly. The platform uses encryption and tokenization to protect card details. Users can restrict card usage and monitor all spending to promptly detect unauthorized transactions.

● Integration with accounting software

Wise supports integrations with popular accounting platforms like Xero and QuickBooks, allowing automatic import of transactions. This streamlines reconciliation and financial reporting. Businesses benefit from simplified bookkeeping with synchronized payment data that reduces manual entry and errors.

Additionally, these integrations help finance teams gain real-time visibility into cash flow and expense patterns.

Virtual debit cards are designed for online use, making them ideal for India’s increasingly digital business landscape. Whether it's paying for software subscriptions, advertising, or online services, these cards streamline digital purchases.

They work seamlessly with major online platforms and can be used instantly after issuance. This eliminates the wait time and administrative burden tied to physical cards, ensuring businesses can transact online swiftly and securely without disruption. They empower companies to adopt digital tools without operational delays.

Managing employee or department spending becomes easier with virtual debit cards. Each card can be assigned for a specific purpose or team, making it simple to monitor and track transactions in real time. This clarity eliminates confusion and allows finance teams to categorize expenses efficiently.

With most virtual card providers offering detailed transaction logs, businesses can ensure all expenditures are properly documented and reconciled, supporting accurate financial reporting and budgeting. This visibility improves accountability at every level of the organization.

Virtual debit cards offer Indian businesses a safer way to manage financial transactions. Since these cards are not physically issued, they reduce the risk of theft, misuse, or loss. Unique card details can be created for specific vendors or employees, minimizing fraud exposure.

Businesses can also instantly deactivate or regenerate a card if suspicious activity occurs. This enhanced control and limited card validity help maintain strong payment security across business operations. They add an extra layer of protection by isolating transactions per use or vendor.

International transactions are often a bottleneck for many businesses, as international transfers are costly and take time.

When you have the best virtual debit card to use, however, use online payment gateways to make secure and instantaneous payments. All you’ll have to do is enter the card details for a payment to be made.

The good thing about using a virtual debit card for business transactions is that you’re not limited to just one card.

You can generate a virtual card for each vendor to streamline transaction monitoring. This is especially helpful when you have multiple subscriptions to manage and need to make sure that each is paid accordingly. 



Chances are you’ll have to work with more than one budget in a particular period. From departmental budgeting to fund allocations for specific projects, you’ll want a way to control how much money is spent from each budget.

Control the way you spend business funds better by customizing each of your virtual debit card’s usage. 

There are several payment methods that you can use for business expenses, but cash and cheques are difficult to scale.

Even relying on physical debit cards will require you to constantly order and wait for new cards.

The best virtual debit card providers, however, will allow you to quickly scale your operations with ease.

Businesses can reduce administrative and operational costs by switching to virtual debit cards. There’s no need for printing, shipping, or replacing physical cards, which lowers overhead. Many providers also offer zero or minimal maintenance fees, and transaction charges are often lower than traditional banking methods.

Additionally, businesses can prevent unauthorized spending by setting transaction limits, helping avoid unnecessary expenses, and improving financial efficiency across departments. These savings can be redirected to core growth and innovation efforts.

Before you can start using a virtual debit card for business transactions, you’ll have to ensure that your business is eligible for it. Keep in mind that each of the best virtual debit card providers will have its own specific requirements to meet.

Most providers generally will require that you have a registered business under a company in India.

Before you begin the application process, ensure that if there are any other additional requirements, your company meets them. These could be minimum monthly spending, deposit, bank account balance, and more.

Your virtual debit card will have to be linked to your business bank account. 

In the modern day, the best virtual debit card for your business is one that allows you to get started as soon as possible. Luckily, plenty of providers offer a fully online application form. All you have to do is fill it out according to your business information and attach supporting documents.

To make sure that the verification process goes smoothly, it’s important that you have all the required documents.

Check for their accuracy before submitting them. These documents may include but are not limited to a business license, the director’s proof of identity, proof of business operations, and any existing bank statements. 

With a card provider that gives you the ability to generate an unlimited number of cards, you want to take advantage of that. To start with, generate your first card and set it up accordingly. You can configure its specific spending limit and customize what you want the card to be used for.

The great thing about virtual debit cards is that you can create a new one with ease whenever you have a new use case. If you have a new vendor or subscription that you want to manage using virtual cards for payments, all you have to do is repeat the setup process.

Virtual debit cards often come with a dashboard to track and manage your transactions. Make sure you don’t neglect this feature. Instill a habit in your finance and department managers to regularly monitor transactions made on your virtual debit card. This helps identify any out-of-policy spending and minimizes overspend.



As a virtual debit card for business purchases doesn’t have a physical form, you won’t have to worry about physically misplacing or losing a card.

However, it’s important to note that should a card be compromised, it gets reported, frozen, and blocked immediately. This is to ensure that no one steals your card details.

Implementing virtual debit cards for your business involves some trial and error. While it’s important to set a card policy to ensure that card usage is monitored and secure, you want to regularly review your policies to see if they still hold up. If there are any security gaps, they must be addressed immediately.

Card transactions don’t require an authorizer before the transactions happen the way bank transfers do, but having a proper approval process post-transaction is key to managing your expenses.

When employees submit expense reports, route them through a multi-level approval workflow that guarantees that all expenses are in compliance with your policies.

Host knowledge training sessions for your employees regarding your virtual debit cards. Not only is this useful in helping your employees familiarize themselves with your virtual cards as transaction tools, but it also allows you to address any questions, queries, or issues. It guarantees that all your employees are on the same page. 

Be careful where you use your cards online. While it’s easy to freeze and block compromised virtual debit cards, the first step to keeping your card details safe is to ensure that you only make transactions on websites or applications you know.

It’s important to research their security before you enter your card details.

The best virtual debit card to use for your business expenses is one that allows you to set customizable spending limits.

Each card you generate should be in line with its respective budget and usage.

Before your employees start using the card for purchases, make sure that you configure the card’s particular limit.

To prevent card misuse, ensure that you enable OTP authentication for online purchases. Considering that virtual debit cards are mainly used online, you can ensure that your online transactions are made safely.

Every time a card’s details are entered to make a purchase, the cardholder will have to confirm the transaction via OTP authentication.