Government ID, Smart Cards, Identification and Authentication

Paypal joins GlobalPlatform

Wednesday, March 11, 2009

PayPal has become the latest member of GlobalPlatform, the international specification body for smart card infrastructure. PayPal will contribute to the ongoing development of standards to ensure interoperability across the payments industry.

Joining as a Participating Member, PayPal will play an active role in GlobalPlatform’s Card Committee and its various working groups. Representatives from PayPal will also have the opportunity to participate on the GlobalPlatform Advisory Council and within the organization’s Task Forces, including the important Mobile Task Force, sharing best practice and technical knowledge with other members. [end] 

Office Depot has joined Home Depot as the second U.S. retailer to test PayPal’s point of sale payments solution, according to TG Daily.

Customers at select Office Depot stores can now make payments directly from their PayPal balance by simply punching in their mobile phone number and PayPal PIN. The solution requires only a software update at the point of sale for the merchant, and customers do not need to use a payment card, contactless fob or NFC-enabled phone to make a transaction.

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GlobalPlatform has launched the first in a series of online guides that will explain in simple terms the association’s current projects and technologies.

Up now on the GlobalPlatform Web site, the first guide covers Trusted Execution Environments (TEE), or the hardware and software on a mobile device that ensures that sensitive data is stored, processed and protected.

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GlobalPlatform extended its compliance program for validation that secure products meets the requirements of GlobalPlatform’s new basic financial configuration.

This advancement meets industry demand for a qualification process which confirms that a financial card product operates within the payment landscape.

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PayPal has begun testing new mobile payments software at five Home Depot stores in the U.S., according to American Banker.

PayPal’s system offers an alternative to NFC-based mobile payments solutions like Google Wallet, enabling consumers to make payments directly from their PayPal balance by simply punching in their phone number and PIN. Merchants also have a comparatively easier time adopting the system, as it only requires updated software rather than new point of sale equipment.

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GlobalPlatform announced that it will hold a two-day card specification training session March 1-2 at the Mirage Hotel in Las Vegas.

Directly preceding CARTES North America 2012 (March 5-7, Las Vegas), the training session will aim to educate CARTES delegates and other participants on the importance of GlobalPlatform Specifications, their capabilities and functionality.

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PayPal has announced that it will launch its first-ever pilot of NFC retail payments in Sweden for the holidays, according to Mobile Payments Today.

The company has partnered with Swedish mobile banking and payments provider Accumulate to deliver PayPal Instore, a new mobile payments app for Apple and Android smart phones.

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