-- The Toronto-Dominion Bank (TD.TO) announced Tuesday the availability of Virtual card numbers through Google as a payment option for online shopping on Google Chrome and in-app shopping.
It said this move makes TD the first Canadian financial institution where TD Visa credit cardholders will have the option to make online purchases without sharing their payment card details with merchants with the use of virtual card numbers through Google Chrome.
The company said that when a purchase is made, the browser or app replaces the physical card number with a unique virtual card number. On check out, the virtual number hides the personal payment card details from the merchant and helps to protect against fraud.
Shares of the company closed up 0.9% to $145.41 on Monday on the Toronto Stock Exchange.