I don’t think FotonCard is illegal.
FotonCard is a virtual credit card service provider founded in 2022. You can check when its domain was registered. Up to now, FotonCard has been running smoothly for over 2 years, and I myself have been using its virtual credit card service. So far, I haven’t searched the web for negative information about FotonCard.
The virtual card service provided by FotonCard is only intended for specific industry uses, such as Facebook Ads, Google Ads, TikTok Ads, and other e-commerce purposes.
In fact, in addition to FotonCard, there are currently many similar virtual card services on the Internet, such as VMCardio, HL-Card, PST, etc., and there are more and more.
The card BIN resources provided by these virtual card platforms all come from upstream card issuing banks. They cooperate with card issuers to provide virtual card services to users in the online marketing industry, so I don’t think card issuers will cooperate with illegal companies.
If you are concerned that FotonCard is not secure, you can deposit a small amount of money each time to create a virtual card for Facebook Ads, and even if something happens, you won’t lose much.