Paypal’s Security Key Offers “High-Level” Of Online Security
Posted by wholeenchilada on January 23, 2008
Have you heard about Paypal’s new security key program? I hadn’t, until I read this post and, even though it doesn’t provide a great review of the new (to PayPal) tool for online security, I have to admit my curiosity has been piqued. Here’s a bit more info on PayPal’s Security key:
Now, add an extra layer of security when you log in with the PayPal Security Key. It’s easy, secure, and portable – so you can access your account from just about anywhere.
What is it?
It’s a device that generates a temporary 6-digit security code every 30 seconds. Use it every time you log in for added security. Watch the demo
How do I get started?
- Order your PayPal Security Key – it will be shipped to you by USPS.
- Activate it by logging in to your PayPal or eBay account.
- When prompted, enter the code on your security key.
How much does it cost?
The PayPal Security Key is available for a special nonrefundable fee of $5 USD (including shipping and handling). There are no monthly service fees or hidden costs. You can order replacements for the same fee. Order your security key
Read more here: https://www.paypal.com/securitykey
You can more FAQs here: https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/cps/general/FAQPPSecurityKey-outside
If you’re a regular PayPal user the 5 bucks is probably worth a shot for a chance at increased security regarding your PP payments/purchase. I’ve used these type of security keys for various jobs/apps and never had an issue once activated. But does this new effort by PayPal have all the wrinkles ironed out? Does the new system really provide increased security? Time will tell. I plan to keep an eye out to see what others think about the new security key and post updates.