Credit card deals with PayPal increasing

By UK Creditcards.com

Britons are increasingly making credit card deals online, according to new research. A study by analysis firm Nielsen Online revealed that online payments service PayPal saw a 50% increase in visitor numbers for the 12 months to February 2009, compared to the same period a year earlier.

Consumers are able to use services such as PayPal to buy products with credit cards over the internet. A number of organisations -- including Laura Ashley, Lloyds Pharmacy and Manchester City -- have added PayPal to their websites in recent months.

"By partnering with PayPal these retailers all gain an additional way to accept payments online," said PayPal UK marketing director Mark Hodson. "And in turn their customers can benefit from a faster and more convenient shopping experience as well as the peace of mind of not sharing their financial details."

However, research from online security company F-Secure released last month revealed that most people are still nervous about conducting online financial transactions.

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Published: 3 April 2009