The PayPal payment system, owned by eBay online auction, gives users the
ability to create virtual payment cards.
The new PayPal Secure Card service allows you to generate one unique Mastercard card number, so that Stick users can use it on sites that do not accept PayPal. According to Reuters, the software package that comes with PayPal Secure Card automatically detects the payment pages and fills in the user's payment information.
This is a wonderful service that will fit not only those who are going to pay for goods / services on a site that does not accept PayPal, but also those who simply do not have a credit card. In terms of security, this service is also good and is an excellent alternative to using credit cards on the Web, since user data and credit cards are not transferred via PayPal Secure Card.
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PayPal payment information is not stored on users' computers for security reasons. Instead, all the Secure Card activity logs are contained in user accounts located on central servers. Secure Card itself works in Windows operating systems with Internet Explorer or Firefox - partial access to the service is also possible from Safari.
It is worth noting that the payment information of users in Google’s Checkout system, launched last June, is also saved.