PayPal will let you buy stuff on sites that don't accept PayPal
Like buying things online but don't feel like giving out your credit card number to a gazillion different web stores? For a few years now PayPal has been the big name in one-stop checkouts. Just sign up for a PayPal account, link up your bank account or credit card number, and send and receive payment for your eBay auctions and buy stuff from participating retailers.But while most stores take credit cards, there's still plenty of shops out there that won't accept PayPal. So tomorrow PayPal is launching a new service that will let you shop at those stores too.
Basically, PayPal will generate a new virtual credit card number every time you want to buy something on a site that doesn't have a PayPal checkout button. The company is partnering with MasterCard Inc to provide the "Secure Card" service. And we're guessing the service will go a long way toward helping PayPal fend off newcomers in the online payment marketplace like a little company called Google.












Comments
8
Subscribe to commentspmowNov 19th 2007 5:10PM
Erm, they've had this for a while now. Perhaps the secure card initiative is the new feature?
CoffeeDazeNov 19th 2007 2:43PM
I've been using this through PayPal for quite a while now (at least 6 months)
Christina WarrenNov 19th 2007 3:13PM
Hey, for Apple - 2 million is a hit. It took Tiger six weeks to sell as many copies :)
Christina WarrenNov 19th 2007 3:14PM
OMFG - stupid 1Password - anyhoo, I've been using this for like 4 or 5 months, but I think it just got out of "beta" and was just officially launched.
Soooo convenient.
robotrockNov 19th 2007 3:27PM
Yeah I used this over 2 years ago...although at the time the link was buried...maybe its more open now?
MrMuggsNov 19th 2007 11:36PM
they've had this for years - virtual credit card. the problem is that it doesn't generate a 3 digit security code that's found on the back of credit cards and required to buy stuff online w/most sites. therefore, it's only useful on very few websites. the websites that work are often the sites that require very little info other than the CC number and the expiration date.
GuillaumeNov 20th 2007 9:23AM
Does it work with non US citizens, on Amazon.com ?
ahoierNov 20th 2007 12:31PM
Nothing really new here...? My mom has set up a "Paypal" checking account, which is linked with PayPal/Ebay - for protection purposes....it's got only like 20 bucks in it, and she deposits more as she makes purchases.
She also uses it for other online retailers.