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New PayPal / MasterCard Service Will Let You Buy Online with PayPal Just About Everywhere

Filed in archive Buying Stuff by Justin McHenry on November 19, 2007

paypal.jpg
This is cool. One of the criticisms of PayPal has been that although it's great for eBay purchases and has been widening its acceptance, it's still hard to use your PayPal balances to buy stuff at most online stores. But a new PayPal/MasterCard service called PayPal Secured Card will allow you to make purchases online as if you are using a MasterCard, with the purchase price coming out of your paypal accountlinks (or from your existing credit card if you just want to use the PayPal product as a way to disguise your "real" credit card number).

From Reuters:

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.


So you get a one-time-only credit card number while using your PayPal account. There are a lot of happy PayPal-ers today.






Permalink: New PayPal / MasterCard Service Will Let You Buy Online with PayPal Just About Everywhere
Tags: credit  paypal  liberty  2007  dollar  liberty+dollar  dollar+alternative  alternative+currencies 

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Related Entries:

Paypal Slashes Fees for Micropayments - 12 September 2005

PayPal wants no false emails - 27 March 2007

2 and 3 (corporations and bank accounts) - 29 April 2007

PayPal vs. VISA (Part 1) - 14 May 2007





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