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Posts Tagged ‘17’

PayPal, E-payments Gain Online Ground

I was adamant to use Paypal about a year ago. I have heard so many bad things about online transactions I was afraid if I open a Paypal account it will be hacked. Worse, my credit card will be used by a kid halfway across the globe.

I guess I believed too easily. Yes, there are bad experiences by others with their accounts being hacked and all. But I believe, Paypal is doing all it can to eliminate these things by increasing the security they employ on their website. That’s why I pushed through with opening an account. Hopefully, nothing bad happens.

Read about Paypal and other e-payments gaining online ground…

Burt Reynolds is an unlikely choice for the role of Santa’s helper. That didn’t stop computer-maker Dell from casting the actor in a series of commercials aimed at the social networking set. In the videos, launched on Nov. 16, Reynolds encourages viewers to buy Dell products online as holiday gifts for friends and family.

The star of Smokey and the Bandit and Cannonball Run isn’t the only surprising casting choice. Playing the part of payment collector is eBay’s PayPal. Dell typically lets customers purchase computers with their Visa or MasterCard credit cards. But with this new service, all payments must go through a PayPal account. “People are moving to using different payment options, and looking at this one in particular opened up a lot of opportunities,” says David Clifton, a spokesman for Dell’s consumer group.

PayPal’s payment service is likely to show up on a lot of unusual sites this holiday season. On Nov. 20, PayPal released tools that let online shoppers use its service nearly everywhere online, even in cases where the merchant doesn’t accept PayPal. Online shoppers can download a toolbar that lets them use a temporary Mastercard number when making a transaction. Payments are then withdrawn from the user’s PayPal-linked credit card or bank account. The payment is processed through PayPal and the merchant never sees the original account details. The system is designed to guard against identity theft and credit-card fraud. “PayPal is the safest way to pay online because we don’t share your financial information,” says Chris George, senior director of financial products at eBay.

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