Is PayPal secure?
Yes. PayPal uses SSL technology to keep sensitive information like credit card numbers safe. Additionally, when you send a payment using PayPal, the recipient won’t receive sensitive financial information like your credit card or bank account number. This means you don’t have to worry about paying people you don’t know.
Q: My local lodge of the Fraternal Order of Police is considering using PayPal for chapter dues payment. However, one of the members fears that PayPal is not secure. He tells us that PayPal user information has been hacked. He is afraid that could happen again, putting members at risk. What is your view? A: I think that PayPal is as safe as other financial services on the Internet. In fact, it has fared better than average. Big names including Bank of America, Ernst & Young, Wells Fargo and Wachovia have lost customer data. The breaches are usually due to accidents or inside jobs, not hacking. Financial services typically use encryption as part of their security. In my opinion, it’s the most important part. Well-encrypted data is useless even if it is intercepted. That’s why, for example, it’s so important on wireless home networks . According to PayPal’s privacy policy , “Your credit card and bank account information are stored only in encrypted form on computers that are not connecte
Yes. PayPal uses SSL technology to keep your information safe. In addition, when you send a payment using PayPal, the recipient won’t receive your sensitive financial information like your credit card or bank account number. This way, you don’t have to worry about paying people you don’t know. For more information about paypal go to www.paypal.
PayPal automatically encrypts your confidential information in transit from your computer to theirs using the Secure Sockets Layer protocol (SSL) with an encryption key length of 128-bits (the highest level commercially available). Before you even register or log in to their site, their server checks that you’re using an approved browser – one that uses SSL 3.0 or higher. Once your information reaches them, it resides on a server that is heavily guarded both physically and electronically. Their servers sit behind an electronic firewall and are not directly connected to the Internet, so your private information is available only to authorised computers.
