Protecting Your Financial Information When Using PayPal

Always use a strong, unique password for your PayPal account. Avoid passwords you use for other accounts. Consider using a password manager to generate and store secure passwords.

Enable two-factor authentication (2FA). This adds an extra layer of security, requiring a code from your phone or email in addition to your password.

Review your account activity regularly. Check for unfamiliar transactions or unauthorized access. PayPal provides tools to easily track your spending and identify suspicious activity.

Keep your contact information up-to-date. This ensures PayPal can reach you if there’s a security issue or suspicious activity detected.

Be cautious of phishing emails and scams. PayPal will never ask for your password or other sensitive information via email. Report suspicious emails immediately.

Use PayPal’s buyer and seller protection policies. These policies provide recourse if a transaction goes wrong, offering a degree of financial security.

Update your device’s software regularly. This protects against vulnerabilities that hackers could exploit.

Use strong Wi-Fi networks. Avoid using public Wi-Fi for financial transactions whenever possible to prevent data interception.

Monitor your credit report. Review your credit report periodically to detect any unauthorized activity linked to your PayPal account.

Remember: Your vigilance is your best defense against fraud.