Friday, December 29, 2006 8:19 AM Don

PayPal 'Virtual Debit Card' Beta Seeks to Eliminate ID Theft

The PayPal division of eBay, which operates the Web's most respected online payment voucher system, is beginning beta trials of a next-generation online payment system, in cooperation with MasterCard. Using what's described as a virtual debit card, a customer will be able to make a PayPal-authorized purchase using a one-time number good only for that transaction.

BetaNews 

Filed under: