Under the terms of the deal, the new services will allow users to shop without entering account details, card expiry date and address. All transactions can be completed by debit or credit card or through PayPal, funded directly via customers` bank account or existing PayPal balance.
The Logic Group can also provide Pay Pages for merchants and handle sensitive information, thus enabling them to benefit from PCI DSS compliance, Verified by Visa and MasterCard SecureCode functionality.
In recent news, PayPal has also made public its plans to roll out new features that aim to facilitate its transition from an online-only business to a provider of mainstream payments.
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