PNC Renews the Virtual Debit Card

Conrad, Lee
January 2005
Bank Technology News;Jan2005, Vol. 18 Issue 1, p1
Trade Publication
The article reports that PNC Bank Corp. rolled out a new program in lime for the holiday shopping season, which is designed to alleviate consumers' security concerns on on-line commerce. The program, a "virtual debit card" called eSpend, is more of a recycled idea with a couple of new twists, as opposed to a recent innovation. The program, which does not entail a physical card but is a feature on PNC's digital checking account, is aimed at customers wanting to access their checking accounts instead of ringing up more debt on a credit card


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