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Is PayPal secure?Paypal buyer protection for private sales
How the service protects your transactions, credit card data, and more
- PayPal is a highly secure financial service, backed with some of the best end-to-end encryption available.
- You should also make sure to enable two-factor authentication, and delete any unused bank accounts or email addresses.
- Even with all this security, remember that no online service is immune to hacking or theft.
PayPal got its start in 1998 and is used by hundreds of millions of people.
It's considered one of the safest ways to conduct financial transactions online, potentially even more secure than using a credit card.
How PayPal secures your information
"PayPal is an online payments system.
Period. PayPal is laser-focused on payments," said Monica Eaton-Cardone, COO at Chargebacks911, a platform that manages chargeback fraud.
In other words, PayPal focuses all their attention on making sure that every transaction you make through the service is as smooth and secure as possible.
The service automatically encrypts all transactions using secure sockets layer (SSL) protocol
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