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Why is Paypal the most secure way to handle payments?

   June 23, 2018         Tips and tricks | Uncategorized         Paypal

Why is Paypal the most secure way to handle payments? How safe are your online payments? Think back to the last time that you processed an online payment for a product that you wanted to purchase. You had to input your credit card information as well as some other sensitive information that might have put you at risk, but there is an easier and safer way to handle these transactions- Paypal. How does Paypal operate compared to other online transactions? When you use Paypal to process a purchase online, you are either using funds that you have already applied to your account, or you authorize Paypal to handle that transaction through your bank account for you. If you use your credit card to make a purchase, they you are putting your card into that companies data base and while it may be deleted after the transaction, but based on some of the recent security issues that have happened recently, it can be dangerous to put that information out there for everyone to see. How is Paypal more secure than the other transactions? Because Paypal is working directly with your bank, there is no information that can be obtained from their transactions that will put you at risk. You will not be entering data that could be mishandled, and Paypal only has your routing information on file to authorize transactions. They are acting as an intermediary so that your information is secure and safe from prying eyes that may try to obtain that data. With them acting as a go between, you have tha... [more]

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