marlee083 wrote:devilish69fling wrote:scaredwitless wrote:
If you feel like you might be more comfortable trusting PayPal, I recommend you do a google search for the paypal plugin... Slightly different but you'll know what I mean if you read about it.
I am ABSOLUTELY loving the PayPal plug-in . . . especially the ability to generate one time use "throw away" credit card numbers WITH CVV and or CVV2 fields . . . WOW (they "virtually" assign you a three digit code found on the back of a physical card that matches the algorithm, so no one knows you are not using a physical, plastic card). I know some banks have had the service for some time, but most have not included the CVV / CVV2 ability - I think it is AWESOME.
I have an account with PayPal....but the plug-in is different right? I don't understand the CVV/CVV2 stuff....I actually don't get any of it...LOL. Do you have a link for the plug-in?
A few weeks ago I went to the bank and got a re-loadable card that I could use to purchase stuff online but the 2 times I have tried I got denied both times. I was on the phone for forever last week trying to figure out why that was happening but I could hardly understand a word the girl was saying (I assume that was because she was taking my call from another country). Finally I just told her that I got it and hung up. I used it at the grocery store and had no problem.
Maybe this plug-in is what I need.
Here's the short, "non-techie" answer. A CVV(2) is a credit card security feature.
See
http://en.wikipedia.org/wiki/Card_Security_CodeThe beautiful thing that the PayPal plug-in does is that it gives you the option, when using it (in addition to storing all your information like your name and shipping address, etc and filling in (populating) those fields "automagically" when you would like it to - like roboform, etc.) - is that it generates a ONE TIME USE, DISPOSABLE credit card number - WITH a CVV number to match that enables you, the consumer, to lessen - if not eliminate - your chances of being overcharged, or being placed in a recurring charge arrangement - and having the merchant get you (OVERCHARGE YOU) that way (in addition to the obvious benefit that using a dynamically generated credit card number never exposes your REAL credit card number to anyone).
Now there are quite a few technically astute members of this forum that would argue - to the death - that none of this matters at all, given the security measures already in place, etc - but from a convenience point of view (as in I don't want to WAIT to win a charge back if I can lessen or eliminate my chance(s) of filing one - or any dispute) - and because I side on the "don't use your real card number re: social engineering ID theft issues" . . . I think this is a wonderful little tool.
Typically, as with PayPal, in the past, most financial institutions were able to generate one time use cards for you - however - MOST - not all - lacked the three digit CVV number (so it limited you as to where you could use the generated cards) AND they didn't limit the charge amount (or recurring) so a sneaky merchant could get a larger charge - or at least one "recurring" charge by you and your recourse in some instances (because they buried crap terms and conditions that placed you at a disadvantage so far - or deep - into their site that NASA couldn't find them with the Hubble).
I just used the PayPal plug-in to generate a dynamic card for a purchase I made from an online pharmacy in New Zealand. I have dealt with them before, so I didn't have any security concern - I just wanted to see it in action. It populated all the fields correctly based on my previously stored information with PayPal into the order form, it generated a one time use credit card with a CVV2 number and the card was set to expire next month. Additionally, the virtual card it generated for me was only good for $10 more than the purchase price, disallowed any recurring billing and populated the fields on the next page after the order page correctly with the same virtual card number for verification - AND it allowed for address verification pass through on the fly. That's a BIG wow.
I am an online merchant, I do e-commerce consulting from time to time - I HAVE ALWAYS DISLIKED PAYPAL - for reasons that we need not get into, but they can be a hassle from a merchant's point of view.
From my experience with this Plug-in though, PayPal has a HIT and I will be using them much more.
The link to the plug in is on page one of their website at
https://www.paypal.com or can be found on the left info bar after you log in to your PayPal account.
Hope this helps.