PayPal has become the latest member of GlobalPlatform, the international specification body for smart card infrastructure.
PayPal, the leading global online payments service, will bring its expertise to GlobalPlatform and 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 fully 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.
Eric Duprat, General Manager at PayPal Mobile, comments: "Membership in GlobalPlatform is a logical step for PayPal. We recognize the value of sharing knowledge in a way that will benefit the industry as a whole through robust technical standards, greater interoperability and ultimately the wider adoption of online and mobile payments around the world."
Kevin Gillick, Executive Director of GlobalPlatform, adds: "The latest amendment to our Card Specifications aims to align GlobalPlatform smart card technology with web services. As such, we welcome PayPal as a world leader in web-enabled payments and look forward to its valued input that, alongside the work of other members, will help us achieve our priorities in 2009 and beyond."