How paypal protects its users from credit card fraud

posted on 19 January 2012 | posted in Business and Finance


Credit card fraud is very popular. There was a time that people would have their credit card stolen from them by force but this is not the case these days. Credit card theft is very easy, there is the old fashioned way of pick pocketing. Then there is stealing of credit card information. There is identity theft that deals mainly with credit card theft. Due to this people have become very cautious when it comes to availing their credit card information to third party sources. This is because they are well aware that it is very easy for their credit cards to be maxed out by people who are not willing to work hard. Paypal is very mindful of this and that is why it has implemented security measure that protects its customers from credit card fraud. One does not have to input their credit card information all the time in paypao whenever they want to make a transaction. This causes people to get credit card information via search history of the computer. The credit card details are hooked to the paypal account and that prevents a lot of hustle.