Feature Spotlight

Feature Spotlight: Virtual Cards and Payments

Feb 15, 2023

We recently launched a Living Roadmap on our Backstage Community Forum. In this article, we’ll take a closer look at payment cards we’re working on for Debut.

Rethink your payment cards

In this spotlight, we take look at Virtual Cards inside of Debut.

You’ll likely have used your bank card to pay for things online, like something flash from ASOS, your Disney+ subscription or cloud storage for all those photos of your cat. All of these things, from online shopping to dinner with friends are often on the same card, so when it expires, or you lose it – or worse – it means you can no longer pay for things until you get a new card.

Create virtual payment cards for more control over your spending.

Different cards for different things

Instantly generate a new virtual card whenever you need it for online and real-world contactless payments. Generate a card for your family’s growing number of streaming services or create a new one purely to make a one-off purchase for that cool thing you saw on Instagram. 

Easily pause or delete a card at any time.

Staying safe in cyberspace 👾 Pew pew!

If you use one card for everything, it only takes one dodgy website leak to expose your card details to the internet. Set up virtual cards with spending notifications, spending limits and auto-delete. You can also pause or delete a card at any time.

Advanced controls make it easy to control where and when your card can be used.

You’re in control 🔒

With just a tap, you can restrict a card from being used overseas, online or in stores. Set up safety limits to prevent large transactions and approval notifications so you can make sure there’s no funny business.

See transactions by card and receive smart prompts to help you build good habits and grow your money.

Make informed decisions with smart insights 💡

Understand where your money is going and spot trends to stay on top of your spending. See all your transactions for a card.

Online and offline ready 🏪

Use your virtual cards for anything online by securely accessing your card details from the app or by using Apple Pay or Google Pay. Use your card in shops using contactless payments.

Real-world cards get an upgrade too 💳

As you might expect, your real-world Debut card lets you pay for things like a normal debit card, and it’s ready for contactless payments out of the box. Many of the smart features also apply to your real-world card, like being able to see all of your transactions in one place, notifications and the ability to set controls, pause or deactivate your card.

More on the way 👀

There’s heaps more news and information still to come. What would you like to hear about next? Get in touch in the comments or send me an email.

Help us build the future of banking

Debut is building a next-gen bank with the help of Kiwis like you. Join the conversation and help us build New Zealand’s smartest bank ever.

Please note, Debut is not a registered bank under the Banking (Prudential Supervision) Act. This is about our future intentions. Investments with us are not supervised currently by the Reserve Bank of New Zealand

Leave a comment. 💬

Derrick Olivier is Head of Community and Growth at Debut.
Debut is the best way to save, track, budget and understand your money.
We’re doing something that’s never been done in New Zealand. We’re building a bank carefully, thoughtfully and with feedback from our customers. This is only the beginning. Money stored with Debut is held in a secure trust in a registered AA- rated NZ-based bank.