Card Type Requirements:
For subscription services, there are specific requirements for virtual cards. The card type must be Credit and verification of the billing address is required for successful card linking.
Users can choose cards with a BIN issued in the US, currency in USD, and card type as Credit.
Card Usage Requirements:
Subscription-based services operate on a post-payment model (i.e., bind the card and verify successfully, then charge on a specific date each month). This model can easily lead to insufficient card balance, resulting in failed charges.
We only support the use of cards with enough balance to cover charges. If the card is bound and verified without actual consumption (i.e., the charge fails), it will lead to card freezing and account freezing.
If you have a genuine need for long-term paid services, choose a suitable card within the system and ensure there is enough balance for the charges; if you are just binding the card to activate the account and exploit benefits, please discontinue the account immediately to avoid future freezing and potential losses.
How to Successfully Bind a Card and Ensure Charge Success:
Choose the appropriate card segment: You can select a BIN with the issuing country as the US, currency in USD, and card type as Credit.
Use a suitable IP and network environment (reference: https://helpcenter.vmcardio.com/docs/bI796s)
Enter a valid billing address.
Ensure there is enough balance in the card for charges: If the account is for long-term use, make sure to replenish the card monthly to cover the charges successfully. If the account is to be discontinued, make sure to unbind the card first.
Once again to emphasize: the card segments specified for this business scenario only support normal usage for charges. If you are merely activating the account to exploit benefits, please discontinue the account immediately to avoid future freezing and potential losses.