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For safe online credit card processing, the PayPal virtual debit card generates a new number for each transaction. This allows safe use of a virtual credit card terminal.
If you have a PayPal card, you know how useful it is for paying for items online. The debit card can be used just like a credit card to buy items at any website that has a virtual credit card terminal. Now there is a still more useful way to buy items with your PayPal virtual debit card that protects you from unauthorized charges. Secure Credit Card ProcessingMost e-commerce sites now have secure credit card processing, but there are still those that don't. Many online buyers are unsure how to check a site for secure credit card processing, and there is still the chance of credit card numbers being stolen form the e-commerce site by hackers. The PayPal virtual debit card requires an installation that makes the PayPal function a part of your toolbar. The function is then there, ready to use anytime you need it at a virtual credit card terminal. There are several functions that the virtual debit card is useful for, the most important being the virtual number generation. The proliferation of identity theft online has made many people afraid to use their credit card numbers to buy items online. There is the possibility of the card number being stolen by someone working for the company in question and fraudulent charges being made. There is also the possibility of the number being stolen by hackers or being intercepted by a third party as you enter the number. Safe Online Credit Card ProcessingTo combat any potential fraud and create safe online credit card processing, the PayPal virtual debit card generates a new debit card number for you any time you request it. You can use it as often as you like, and each virtual debit card number can be used only once. If someone steals the number, they will not be able to use it. And, using the number generator is automated and simple. Every time you open a virtual credit card terminal that asks for a credit card number, a small PayPal window opens and asks whether you want a number generated for the purchase. The window displays a picture that you have selected in advance so you know it's a real PayPal window. If you select yes, the number is generated quickly and entered into the blanks for you. This means that whether or not the site has secure credit card processing, the credit card number can't be stolen and used again. This includes the expiration date and other details. It also fills out your name and address for an even faster transaction. Other Uses for the PayPal Virtual Debit CardThe other use for PayPal virtual debit cards is to fill in those pesky blanks that are necessary to join a site or to become a customer. The small window pops up when there are name and address blanks to be filled in, and you can choose to have it fill them out for you quickly to save time. This is a small bonus feature of the PayPal virtual debit card system, but it makes life just a touch easier.
The copyright of the article The PayPal Virtual Debit Card in Secure Online Purchasing is owned by Lizz Shepherd. Permission to republish The PayPal Virtual Debit Card in print or online must be granted by the author in writing.
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Apr 11, 2009 3:16 PM
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Apr 21, 2009 1:24 AM
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