Virtual gift cards are the hottest gifts to give this season. But, as CBS 2's Dorothy Tucker reports, there's an upside and downside to the newest online sensation.

Virtual cards use a randomized 16-digit number, a three-digit CVV code and an expiration date you enter for online purchases. They connect to your real accounts, but retailers can’t see your ...

Many BNPL providers allow you to create a virtual card that you can add to your Apple Wallet or Google Pay. For most cards, you'll have to download an app that you use to request a virtual card.

While Cold Stone does not offer cash-equivalent gift cards on its Facebook page, it permits people to buy and send to others virtual vouchers for several of the chain’s signature mix-ins, shakes ...

Last-minute couch-potato shoppers rejoice! It's become a whole lot easier to send gift cards almost instantly. Six big-name retailers and one major credit card issuer have rolled out e-gift cards ...

Instead, buy gift cards from behind the counter or opt for virtual gift cards. If you receive a gift card, use it as soon as possible to lower the risk of theft.