paypal virtual credit card!!!!!!!

India
October 4, 2008 3:48pm CST
Paypal will launch a new virtual credit card payment product Tuesday. The new service “PayPal Secure Card” generates a one use unique Mastercard number that Paypal users can utilize to make payments on sites that don’t take Paypal. According to Reuters, the software package with PayPal Secure Card automatically recognizes an e-commerce checkout page and fills out the payment information for the user. The move is said to be in response to Google’s Checkout service that also stores financial details for secure online payments. It’s a great idea; not only does this open up Paypal accounts to shopping on sites that don’t take Paypal, it also provides credit card access to folks who don’t have a credit card (or similar credit style debit card), either by choice or because they are unable to obtain one. On the security front it also provides an alternative to using your actual credit card online, a secure way of using your credit card (if linked to your Paypal account) without the risk of your real details being disclosed.so is this way a safer or not please tell
1 person likes this
2 responses
@Sephrox (397)
• Brazil
4 Oct 08
Wow... Great news!!! But they will charge something, am I wrong? Alertpay could copy this ideia too... :)
1 person likes this
• India
4 Oct 08
ya they will i think its an % type commission and yes alertpay will try but they know their limit paypal is far away from alertpay
@Sheepie (3112)
• United States
4 Oct 08
Well, that sounds like a great idea. But could you tell me, is it an actual plastic card that you will get, or is it just something you can use on sites that do not take Paypal? It does sound like it will be useful to some people, though.
1 person likes this
• India
4 Oct 08
its a kind of software which will generate a credit card virtual number but this software need internet connection to generate a credit card number .