A failure of security systems at PayPal is causing concern for German banks
1–10 of 222 posts
Re: A failure of security systems at PayPal is causing concern for German banks
#2PayPal security is amazing. It randomly locks people out of their accounts and randomly closes their accounts too, but actual fraudsters and criminals are never deterred.
Re: A failure of security systems at PayPal is causing concern for German banks
#3German, well West European, banks are slow in creating a competitor to Paypal, called Wero. https://en.wikipedia.org/wiki/Wero_(payment) I'm not implying they block Paypal because of that. It's good to have more competition and I wished my bank would take part.
Re: A failure of security systems at PayPal is causing concern for German banks
#4German, well West European, banks are slow in creating a competitor to Paypal, called Wero. https://en.wikipedia.org/wiki/Wero_(payment) I'm not implying they block Paypal because of that. It's good to have more competition and I wished my bank would take part.
The product features sound nice. I'm all for anything that replaces Giropay.
Re: A failure of security systems at PayPal is causing concern for German banks
#5[deleted]
Re: A failure of security systems at PayPal is causing concern for German banks
#6What's so specific to German banks ?
Re: A failure of security systems at PayPal is causing concern for German banks
#7PayPal security is amazing. It randomly locks people out of their accounts and randomly closes their accounts too, but actual fraudsters and criminals are never deterred.
Yup. My advice for using PayPal is do not unless you have no other choice. I just got my monthly account statement and, as usual, thankfully zero activity.
Though extremely innovative (for its time), it's been a slipshod org since inception and slipshod is a property you decidedly do not want in a payments processor.
Re: A failure of security systems at PayPal is causing concern for German banks
#8German, well West European, banks are slow in creating a competitor to Paypal, called Wero. https://en.wikipedia.org/wiki/Wero_(payment) I'm not implying they block Paypal because of that. It's good to have more competition and I wished my bank would take part.
Mostly German.
The predecessor of Wero (iDeal) has been in use in The Netherlands for almost two decades. Nobody has credit cards here and everyone does online shopping with iDeal
Re: A failure of security systems at PayPal is causing concern for German banks
#9German, well West European, banks are slow in creating a competitor to Paypal, called Wero. https://en.wikipedia.org/wiki/Wero_(payment) I'm not implying they block Paypal because of that. It's good to have more competition and I wished my bank would take part.
It's like their 5th attempt and the naming gets worse every time.
Re: A failure of security systems at PayPal is causing concern for German banks
#10German, well West European, banks are slow in creating a competitor to Paypal, called Wero. https://en.wikipedia.org/wiki/Wero_(payment) I'm not implying they block Paypal because of that. It's good to have more competition and I wished my bank would take part.
Wero is getting traction quite quickly in France (source: https://www.banque-france.fr/fr/a-votre-service/particuliers... + people around me).