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Paypal Joins GlobalPlatform to Help Develop Best Practice for Mobile Infrastructure

9 March 2009 – 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."

For further details on different membership opportunities at GlobalPlatform visit https://globalplatform.wpengine.com/membershiplevels.asp.

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For further media information, please contact Georgina D’Arcy or Sarah Jones at iseepr: globalplatform@iseepr.co.uk or telephone + (0) 1943 468007

Notes to editors:

About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows anyone to pay without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With more than 70 million active accounts in 190 markets and 19 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company and is made up of three leading online payment services: the PayPal global payments platform, the Payflow Gateway, and Bill Me Later. More information about the company can be found at https://www.paypal.com.

About GlobalPlatform

*2009 is the 10th anniversary of GlobalPlatform - to learn more about its achievements click here*

GlobalPlatform is the world leader in smart card infrastructure development. Its proven technical specifications for cards, devices and systems are regarded as the industry standard for achieving interoperable, sustainable and flexible smart card deployments that support multi-application, multi-actor and multi-business model implementations.

GlobalPlatform is a member driven association with cross-industry representation from all world continents. As of October 2008, an estimated 305.7 million GlobalPlatform-based smart cards had been deployed globally and an additional two billion mid range USIM/SIM cards worldwide are estimated to use GlobalPlatform card technology to enable over-the-air (OTA) application downloads for 3G and GSM mobile networks. www.globalplatform.org

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