6683 0 3 econsultancy_xml <p>Launched through a partnership with MasterCard, it forms PayPal’s response to a similar innovation by <a href="/blog/1399-ebay-to-limit-google-ad-spend">rival Google Checkout</a> as the two battle for growth in uptake.</p> <p>Chris George, director of financial products for PayPal, <a href="http://news.yahoo.com/s/nm/20071119/wr_nm/ebay_paypal_ecommerce_dc;_ylt=Ap618jOPC7OP47mmcnXfPXr6VbIF">told Reuters</a>: </p> <blockquote> <p> <em>"From a merchant's perspective this looks like any other MasterCard transaction. And it's just another PayPal purchase to the customer."</em> </p> </blockquote> <p>Secure Card will apparently be launched for Internet Explorer and Firefox users in the US on Tuesday, followed by shoppers in international markets.</p> <p>PayPal will hope it helps to drive further growth in transaction volumes – in Q3, it said it processed $12.22bn in payments, a rise of 34% year on year. </p> <p> <strong>Related research:<br /></strong> <a href="http://econsultancy.com/reports/online-retail-2007-checkout-special">Online Retail 2007: Checkout Special</a> </p> <p> <strong>Related stories:</strong> <br /> <a href="/blog/1378-interview-mike-baxter-on-checkout-best-practice">Interview: Mike Baxter on checkout best practice</a> <br /> <a href="/blog/1590-amazon-confirms-payment-system-launch">Amazon confirms payment system launch</a> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>Launched through a partnership with MasterCard, it forms PayPal’s response to a similar innovation by <Link URL="/blog/1399-ebay-to-limit-google-ad-spend" Window="Self">rival Google Checkout</Link> as the two battle for growth in uptake.</Paragraph> <Paragraph>Chris George, director of financial products for PayPal, <Link URL="http://news.yahoo.com/s/nm/20071119/wr_nm/ebay_paypal_ecommerce_dc;_ylt=Ap618jOPC7OP47mmcnXfPXr6VbIF" Window="Self">told Reuters</Link>: </Paragraph> <Block> <Paragraph> <Quote>"From a merchant's perspective this looks like any other MasterCard transaction. And it's just another PayPal purchase to the customer."</Quote> </Paragraph> </Block> <Paragraph>Secure Card will apparently be launched for Internet Explorer and Firefox users in the US on Tuesday, followed by shoppers in international markets.</Paragraph> <Paragraph>PayPal will hope it helps to drive further growth in transaction volumes – in Q3, it said it processed $12.22bn in payments, a rise of 34% year on year. </Paragraph> <Paragraph> <Emphasis>Related research:<LineBreak /></Emphasis> <Link URL="http://econsultancy.com/reports/online-retail-2007-checkout-special" Window="Self">Online Retail 2007: Checkout Special</Link> </Paragraph> <Paragraph> <Emphasis>Related stories:</Emphasis> <LineBreak /> <Link URL="/blog/1378-interview-mike-baxter-on-checkout-best-practice" Window="Self">Interview: Mike Baxter on checkout best practice</Link> <LineBreak /> <Link URL="/blog/1590-amazon-confirms-payment-system-launch" Window="Self">Amazon confirms payment system launch</Link> </Paragraph> </FormattedContent> 2007-11-19T08:39:00+00:00 0 1 econsultancy_xml <p> <strong>PayPal is reportedly set to launch a virtual payment system to extend its reach onto sites that don’t currently run its software.</strong> </p> <p>Called PayPal Secure Card, the browser plug-in can detect when a shopper lands on an etailer’s checkout page and automatically fills in their stored financial details to save them time.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>PayPal is reportedly set to launch a virtual payment system to extend its reach onto sites that don’t currently run its software.</Emphasis> </Paragraph> <Paragraph>Called PayPal Secure Card, the browser plug-in can detect when a shopper lands on an etailer’s checkout page and automatically fills in their stored financial details to save them time.</Paragraph> </FormattedContent> false 1953 364608 PayPal targets new sites via virtual payments false 2007-11-19T08:39:00+00:00 paypal-targets-new-sites-via-virtual-payments 2009-04-29T21:43:37+01:00 2009-04-29T21:43:37+01:00 655