What are virtual or tokenized account numbers?

For some banks, when customers use 3rd party payment processors such as Trustly, the bank provides additional security measures through the use of a virtual account (VAN) or a tokenized account number (TAN).

By transmitting a VAN or a TAN, the actual account information is kept more secure because the processor never receives it. Only the virtual number is transmitted and used in the transaction.

Use of these numbers is an optional security measure that a financial institution chooses and is not controlled or initiated by Trustly.