Question
https://www.paypal.com/eBay/securitykey
The PayPal Security Key
Generates a unique six-digit security code about every 30 seconds. You enter that code when you log in to your PayPal or eBay account with your regular user name and password. Then the code expires - no-one else can use it.
How much does it cost?
There is a one-time non-refundable fee of $5.00*. After that, there's no monthly fee or recurring charge - your extra layer of security is free.
*Fee waived for PayPal Business accounts
Answer
Huh?
When did you get this?
Answer
It just showed up somewhere on the paypal site. They're talking about it on ebay boards right now.
http://forums.ebay.com/db2/thread.js...16�
Answer
Maybe I'm missing something. Small and portable? Again, huh?
Required? I have to order something small and portable that takes batteries?(And I thought you couldn't pay for small things that took batteries with paypal and that adult toys restriction thing lol)
I don't think it's required, but possibly some thing that's an option. I don't know tho-ebay is so stupid anyway.
Answer
We don't know what this is going to mean yet, but you would have to enter the code the thing generates in order to log into ebay or paypal.
If they require it for the 100 million users, that's $500 million dollars revenue. Then months later they could come up with yet another $5 issue and get another big paycheck.
And of course there will be glitches to come from this. Has ebay ever rolled out something without them?
Answer
The company that I worked for a few years ago gave each of us one of these pager-sized/satelite-ready/random-number-generators so that when we were out of the office (100% of the time for me), we would need to use this number (in addition to our id and password) to log in. It worked well most of the time... unless you were on some slow dial-up connection. Anyway, it worked if you waited for the next number to show and keyed it quickly.
They considered their servers to be more secure because of it. I don't know how many tech/otherwise companies are using it by now...
Answer
PayPal isn't making any money on this. They are offering it to users as a way to vastly increase the security of their PayPal accounts.
The device in question is the RSA SecurID. Using it in conjuction with a PIN or password provides two-factor security. Even if someone knows your PayPal password, they can't get into your account without the number currently displayed on the token.
The device has been in use by many companies around the world for the last 15 years and there has never been a successful security breech. I can't think of any other device you can say that about. One company I worked for had them for external dial-up accounts. I had mine for several years and the battery never died in it. I'm sure they do eventually. But I'm also sure they would send you a replacement before that happened.
You can read more about the product at RSA Security
Answer
Aha But is it going to be a requirement?
Sounds great for those who have a bigger risk.
Answer
It doesn't say anything about it being a requirement.
Which means it probably will later on.
But not for a while. I just tried to order one and got this message:
The Security Key is currently not available. Please try again later.
So much for that. Why put a link to order it when it's not available?
You can sure tell that they're owned by eBay.
Answer
I don't know what it is but if Paypal .. or Ebay start making it somehow more beneficial for buyers to trust merchants, then you're going to get alot of sellers paying for it. Hi Everyone, Happy New Year!