The carbon-supported nanoparticles of Pd-Co-M ͑M = Pt, Au, Ag͒ catalysts for direct methanol fuel cells ͑DMFCs͒ in a ratio of ͑70:20:10͒ were prepared through reverse microemulsion method. The X-ray diffraction ͑XRD͒ analysis showed well-defined reflections corresponding to a face centered cubic phase of palladium. From transmission electron microscopy analysis, the particle size after heat-treatment at 500°C was found to be approximately 20 nm, which was also confirmed by XRD analysis. Polarization data indicated Pd-Co-Pt to have better oxygen reduction reaction ͑ORR͒ activity than the other combinations with Ag and Au, in terms of shift in onset potential to a positive value of more than 100 mV and increased reduction current. The ORR kinetics on Pd-Co-Pt was analyzed by using rotating disk electrode to follow a 4 electron pathway, the order of the reaction being unity. The peroxide formation estimated from the rotating ring disk electrode measurements was found to be a negligibly small amount of 1.1%. An additional advantage observed with Pd-Co-Pt was its high methanol tolerance and ORR activity nearly equal to Pt. The major problem which concerns the developments in the direct methanol fuel cells ͑DMFCs͒ is the crossover of methanol through the polymer electrolyte membrane to the cathode compartment.1 This results in establishment of mixed potentials and depolarization of cathode potential, reduction of cell power and conversion losses due to fuel loss. [2][3][4][5][6][7][8][9] The simultaneous reduction of oxygen and suppression of fuel oxidation at the cathode requires electrode materials selective to oxygen reduction reaction ͑ORR͒ and further the catalyst should be tolerant to methanol.Therefore efforts are under way in developing new generation electrocatalysts to address these problems, by examining the requirements for selective ORR and improvements in the electrocatalytic characteristics. Platinum is the best known cathode catalyst, which has not been replaced by other materials so far. But the problem with the Pt catalyst is the high affinity towards adsorption of methanol on its surface. This leads to the catastrophic loss in the performance of DMFCs. Hence, Pt catalyst materials are developed by suitably alloying with secondary elements and studies have shown that platinum-based binary alloyed electrocatalysts such as PtFe, PtCo, PtNi, PtBi, and PtCr exhibit a higher catalytic activity for ORR in acid electrolytes than pure platinum. [10][11][12][13][14][15][16][17][18][19][20][21][22] These catalysts have already shown nearly the same activity for the ORR in the absence as well as in the presence of methanol.Recent research has shown the practicality of using nonplatinum metal alloys for ORR with resistance to methanol oxidation. Several nonplatinum electrocatalysts are reported for their adequate oxygen reduction activity to be considered as potential catalysts in commercial fuel cell applications. Nonprecious catalysts such as metal phthalocyanines, 23,24 transition metalloporphyrins, 25,26 tra...