Scam Alert -

Hi Phil
I went to bank just this Monday and there was this older lady complaining that she was robed for Au$1000,~ from someone
in USA. The robber somehow figured her password and bought
thru PayPal laptop. Of cause PayPal will give her re-fund,
but I gave her good simple tip.

Set-up PayPal with separate account of any other accounts. With this account get two Visa cards - main & supporting only for PayPal. Every time when you want to pay for something, transfer exact amount of $.
If there is no money in account they can’t take money from you.
Cheers Dana

No need.

Banks, Paypal and quite possibly other financial sites have systems where a number is added to the password every time you log in. The number appears random and changes all the time, it can come from a key generator device that you buy from them or even an SMS sent from the site. There may be other ways. No matter what your password is (even "password") the number, about 6 to 8 digits lone, always changes. A really hard system for the hackers to break.

I use the soft version where Paypal sends me an sms with the number. The system with a callback SMS is FREE!!!!! We also have bank accounts where in one case the bank calls us and in the other we have a small number generator that by some magical mathematical hoohaa stays in sync with the other end. It is NOT purely date or time based.

And how many times are we told to change our password and NOT to use any number etc connected to our personal biographic info. ie birthday, home address, age etc etc etc. Would you believe that "password" is still very popular. Amazing!!!

Sorry but I am not sympathetic to people who do not protect their financial accounts either on the internet, at a checkouts (ie let people see their pin) or even leaving their cards lie on a table at a Motel/Hotel.

I don't mean to offend anyone. But how many time do people have to be told that fire will burn them.

Phil

Hi
That’s exactly why this is happening – false security!
To set-up the bank account with PayPal is different
than bank account security set-up.
I hope you understand difference.
HooRoo Dana

Paypal and Ebay no longer have the number generator available.
My 10 year old one finally died and i dismantled it and put a new battery in it but it wouldnt work. Talked to Ebay about it and they said they no longer issue them and when they die they are finished with.

SMS is the only way now but is more secure as they cant pinch that and use as they could the token.
My two banks, one has a number generator which has to be used to login and also to make a payment. The other uses SMS. All good never been caught with any of them.

The number generators have a set of numbers programmed into them and it relates to its serial number when they send it to you. I used to see the same ones sometimes on the Ebay one

Gumtree is the worst place for scams and sellers advertising goods they havent got and dont send as seen on TV last night.

Paypal has the SMS sytem just like you mentioned and we have anumber generator for one of the banks.

Not worried about ebay. There isn't any link to any bank in eBay. I have to go to paypal to actually pay ebay for any listing costs or fees. All eBay sales and purchases go through Paypal. Number generators were used on eBay until last month. All done in Paypal.

Gumtree was on current affair last night. Wouldn't touch them with a barge poll.

Safest is to not trust anyone. We don't do any direct debits (NONE) from the bank to pay anything. All done from home by us on the PC. I won't use Wave payments and always make sure that I get a receipt and acquit the Paypal and card statements.

Phil

.
In fact, for that matter, I wouldn't even use a barge pole. lol

Ebay payments go through Paypal because at present Ebay own it so they get fees from both on one sale or payment or both.

Yes forgot to say they now use SMS.

Did you know Paypal is the cheapest way to send money overseas. I send my kids $100 or so at Xmas and it only costs 50c would be $22 with a bank


Perhaps you mean equate the receipts as you may not be aquitted in court if they dont LOL