PayPal debuting "Secure Card"

Online payment house PayPal is to debut a new way of using its service on all websites - even those that don't support PayPal as a payment method. The company is set to release a new plugin called the PayPal Secure Card which helps you fill out online shopping forms through the use of a […]

Online payment house PayPal is to debut a new way of using its service on all websites - even those that don't support PayPal as a payment method. The company is set to release a new plugin called the PayPal Secure Card which helps you fill out online shopping forms through the use of a browser button. So far so normal. But there's a difference. Through a partnership with MasterCard, the PayPal software generates a unique credit card number that is used for the transaction. The idea is that sellers don't have to do anything different, while the experience is seamless for the purchaser.

PayPal will hope it can further improve on its position as the de facto online payment house - last quarter it handled over $12.2 billion (