Paypal testing new electronic security device

Published January 10th, 2007


PayPal is beta testing a new tool to help keep user accounts secure. The PayPal Security Key is a small electronic device that account-holders may order from PayPal. The device, small enough to attach to a keychain, generates a unique six-digit security code about every 30 seconds. Users enter that code when they log in to their PayPal or eBay account with their regular user name and password. Because the numbers on the device change continually, the code used to sign in expires, providing a higher level of security.The PayPal Security Key – PayPal

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