VeriSign Inc. announced its VIP Access for mobile application is available on the Apple App Store. The application turns the iPhone into a one-time-password credential that can be used in conjunction with a username and password to strengthen the security of online accounts.

VIP Access for Mobile on the iPhone creates two-factor authentication for consumers – the first factor being the username and password (something they know), and the second factor being the iPhone VIP credential (something they have). With the new credential, iPhone users can enjoy strong authentication at more than 40 Web sites that are part of the VIP Network, including eBay, PayPal and AOL.