Tuesday, November 20, 2007

PayPal offers secure way to shop non-Paypal sites

PayPal, the payments service arm of online auction leader eBay Inc, has just released today to the US customers a new software utility called the PayPal Secure Card, which recognizes when a user lands on an e-commerce checkout page and automatically helps the user fill out the payment form in a secure way that also offers stepped-up fraud protections.
Besides, through a partnership with credit card issuer MasterCard Inc, Secure Card generates a unique MasterCard number each time a PayPal user arrives on an e-commerce sales checkout page that does not otherwise accept its payments.
"From a merchant's perspective this looks like any other MasterCard transaction. And it's just another PayPal purchase to the customer."



The software is set to be available for international soon

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