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March 25, 2023

PayPal Introduces PassKey Authentication for Android Users

PayPal has announced that Android device users will soon be able to access their accounts via PassKey, a security system that is already available on iOS. PassKey is an industry standard developed by the FIDO Alliance and the World Wide Web Consortium, and it uses digital means such as biometric sensors to replace cryptographic passwords.

February 1, 2023

Twitter plans to launch Twitter Pay: A New Competitor to PayPal

In case you didn’t know, before becoming a tech mogul by taking over SpaceX, Tesla and Twitter (among others), Elon Musk largely contributed to the creation of… PayPal. In 2000, Musk co-founded online banking X.com, which merged with Confinity in 2000 to form PayPal. Two years later, eBay bought PayPal for $1.5 billion. And if

January 20, 2023

Paypal Security Breach: Thousands of Accounts Compromised

PayPal suffered a hack attack and the company is sending notifications to thousands of users who have fallen victim to this credential stuffing attack. The facts date back to last December, but the company is only now making this situation known. For those who have never heard of it, this is a type of attack

PAYPAL
November 15, 2022

Paypal to charge a fee for Inactive Accounts

Paypal has a new user agreement that allows the platform to charge a fee for inactive accounts. This not only affects resellers, as a downtime rate has already been discussed in 2020, but it will also affect private customers. And that’s right, PayPal has now introduced an inactivity fee for managing inactive accounts. That is,