Virtual Account Number

A virtual account number functions as a temporary credit card number that is linked to a primary credit card account but operates independently in terms of transaction handling. This innovative financial tool enhances security for online or over-the-phone transactions by providing a number that can be used in place of the real credit card number.

The distinct feature of virtual account numbers is their customizability in terms of usage and lifespan:

The use of virtual account upholds the privacy and security of the cardholder’s primary account details, minimizing the risk of fraud. Each transaction made with a virtual account number is reflected in the statements of the main credit card account, allowing easy monitoring while keeping sensitive information secure.

Virtual account numbers are particularly advantageous for managing subscription services, online shopping, or any situation where card information is entered into potentially insecure environments. By limiting exposure of the real card number, these virtual numbers provide a robust layer of defense against unauthorized access and fraudulent activities.