Amazon has entered the ring of online payment services which will compete directly with PayPal and Google Checkout.

Amazon’s new service is called Amazon Checkout. Surprised? I’m not! Big companies do well keeping things simple. That old KISS principal

I logged on and signed up. The process was pretty painless and very similar to that of PayPal and Google. The whole email, bank and cell phone verification aid in proving to the Amazon Overlords you are who you say you are. If you are familiar with the other services mentioned you have jumped through these hoops before.

PayPal is by far the most popular payment method on the internet (over 155 mil. accounts) and used by over 100.000 online merchants, according to PayPal. So if you haven’t registered yet, IT’S TIME. Below I listed some services to add to your PayPal experience.

PayPal Plugin (US only) - The ultimate protection for your PayPal account. And here is how it works: when you want to purchase something and are asked to fill-in credit card details, instead of giving your real card details, you can use the plugin to generate a secure single-use MasterCard number that debits from your PayPal account. And since the card is valid for only one purchase your info always remains secure.