Earlier quoted context omitted.
I wish someone would convince Paypal. They require SMS for verification, no other options at all.
I think they offer TOTP now, right? Started sometime last year? Do you have to activate SMS alongside it? I have been using TOTP with PayPal for (I think) a few years now. You used to have to run some weird local Python script that somehow imitated the one RSA (I think) dongle they supported in a way I don't understand, but the net result was that you just get a TOTP key that works fine.
I don't have any money in there, it just mediates broken payment interfaces (e.g. Patreon rejected all my payment cards, from multiple banks apparently they're all fraud or something? No idea, the cards remain working no problem everywhere else, but I wanted to give people money for what they do, so I used Paypal to manage that)
It's pretty sad that in 2020 PayPal thinks SMS is a reasonable choice for protecting accounts that might actually have money in them...