Here is one easy way to add more protection or security to your online PayPal or eBay account.
It is called PayPal Security Key and it is available from your PayPal account.
It provides you an additional security code together with your usual user name and password in order to get into your account.
Each time when you log in to your PayPal account, this electronic security device will create different random six-digit security code.
You use this code to access your account.
There are two types of PayPal security key:
1. Security key:
It is a credit card size security key that you got to carry with you. It creates a unique security code when you use to log in to your account.
You have to buy from PayPal and it will ship to you. The PayPal Security Key costs $5.00 USD.
It is a one-time non-refundable fee. There’s no monthly fee or recurring charge.
You need to activate it from your PayPal or eBay account.
2. Mobile phone security key:
You will receive security codes sent by text message (SMS) to your mobile phone.
For this security method, you do not have to purchase anything.
In fact you can start using it, after you have activated your mobile phone Security Key right away.
You just have to pay for your standard text messaging rates according to your mobile provider.
How To Use PayPal Security Key?
Each time after you have enter your user name and password, you check your Security Key for your current six-digit code.
You enter the security code next to your password. Then click the Login button.