Is 2FA a Hassle When Logging in to PayPal? If you are a merchant it is extra important to enable 2FA to ensure your company is protected from hackers trying to gain access to transaction details and more importantly funds that you may have stored in your account. While no amount of authentication steps can ensure 100% security of your account, a hacker is far less likely to try and crack the code on an account where 2FA is enabled compared to a single login account. This gives account owners the opportunity to change their passwords to something of greater strength to safe guard the account. Not only will 2FA prevent potential hacks into your account, but it will also act as an alert if there has been an attempt as you will receive a ‘code’ to your mobile or application each time a login is attempted. These sensitive pieces of information hackers can use to siphon money from your bank account. These are sensitive pieces of information. Within your PayPal account, you may have added your bank cards and your current address, date of birth, or even your occupation. Without the device or details to a secondary account, hackers will not be able to proceed to log in, and therefore cannot acquire your sensitive information. 2FA allows you to achieve a multi-layer security system that should stop any potential hackers in their attempt to gain access. Accounts, where you store sensitive information such as your personal address and bank details, should have multiple layers of security. We will get to the ‘ How to Enable 2FA for PayPal‘ in just the next section but before that, it is important to understand ‘Why’ 2FA may be important for your PayPal account. To read up on more information about two-factor authentication please see our related article here. When speaking about online 2FA, generally something you know (login name and password) along with something you have (such as a code sent to a mobile phone number) are used. There are three types of authentication including something you know, something you have and something you are. Two-factor authentication requires you to provide two pieces of information to prove you are the ‘real’ owner of the account. It often makes sense to use a mobile phone or email account as the second authentication step as only the account holder should have access to these. The account holder can then enter this code after their correct login details to gain access. PayPal, a global name in online payments allows their customers to enable the 2FA feature of their account to add an additional layer of security.ĢFA comes in many different forms with it often involving the use of a secondary device such as a mobile phone where a code can be sent to the ‘real’ account holder. For example, many banks offer 2FA to their customers for their online portals. 2FA is often an option that can be enabled on a website where you are storing sensitive information. Think of 2FA as adding a virtual security door to your platform (website, bank account, member login). Two Factor Authentication (2FA) in simpler terms is adding an additional layer of security to a login to prevent hackers from gaining access to sensitive information. In this tutorial, we will look at the simple steps that can be followed to enable two-factor authentication for a PayPal account. In terms of PayPal and two-factor authentication, when you create an account you have the option to complete a few steps to add extra layers of security (2FA). With more and more confidential information being uploaded on the net, it makes sense to add additional measures to prevent hackers from gaining access to an account. 2FA, the common abbreviation for two-factor authentication is a word often spoken about when one is setting up a website or account where security is vital.
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