MB NET is a service that allows you to make secure purchases at any online store that accepts VISA, MasterCard, or AMEX cards. Instead of using the real data of a debit or credit card, virtual MB NET card data is used, generated through the MB WAY app.
To create an MB NET card through the MB WAY app, simply follow these steps:
1st step – Access the MB WAY app and select the option 'Create MB NET Card'.
2nd step – Select the desired card type 'Single Purchase', 'Multiple Purchases', or 'Recurring Payment'.
3rd step – Set the maximum card value (minimum of 5€) and validity, if you have selected the 'Multiple Purchases' or 'Recurring Payment' option.
4th step – Enter the MB WAY PIN.
The 'Single Purchase' card is the type of card that originated the MB NET service. The card was created based on the principle '1 purchase – 1 card'. In this sense, this type of card has a maximum validity of 2 months and allows a limited number of transactions (up to 4 transactions), regardless of the merchants. You can use this card, for example, to pay for your hotel reservation.
The 'Multiple Purchases' card has a maximum validity of 12 months and allows multiple purchases at the same merchant, as long as the total amount of purchases does not exceed the total amount defined by you at the time of card generation. This card is ideal for making your online purchases at the hypermarket.
The 'Recurring Payment' card has a maximum validity of 12 months and allows you to pay for your monthly subscriptions at a single merchant, as long as the total amount of your purchases does not exceed the monthly total amount defined by you at the time of card generation. This is an ideal card, for example, to pay for your Spotify subscription.
On your Merchant Card, you can set a monthly or total value.
The monthly value allows you to define the maximum amount you can spend per month with your MB NET card, and the total value corresponds to the maximum amount you can spend with your MB NET card until the end of its validity.
At the time of joining, the default maximum daily amount is 1,000€.
However, this value can always be changed in the app. Just go to the More menu to Settings to Security to Purchase Limits.
You must access the Activity menu in the app, select the MB NET activities, and you will be able to view the list of generated MB NET cards and the details of the transactions.
Just select the 'copy' option that appears below the MB NET card; this option copies the card number. The expiration date and CVV must be entered manually by the user. If the MB NET card details are hidden, select the 'Show details' option.
There is no cost to generate MB NET cards in MB WAY.
The amount set for an MB NET card is a purely 'virtual' value, as it remains in your bank account until the actual purchase is completed.
If the purchase does not take place, this amount will never be debited from your account.
If the purchase amount is less than the amount set for the MB NET card, only the purchase amount will be debited, with the remaining set amount staying in your account. For example, if you generate an MB NET card with a limit of 100 euros and the purchase is for 80 euros, only 80 euros will be debited from your account, leaving the remaining 20 euros in your account. In other words, the MB NET service does not imply, after the generation of a temporary card, the 'freezing' of the set amount for the same.
Yes, the merchant can process the refund to the MB NET card used for the purchase, even if the card has been canceled or expired.
If it is necessary to provide the card details to the merchant, simply access the activities menu, select MB NET activities, and choose the MB NET card you wish to check.
To view all data for an MB NET card, simply access the Activity menu, then MB NET Activity, and select the desired card.