Introducing Passkeys: A New Way to Log in to Your PayPal Account
If you're looking for an extra layer of security for your PayPal account, you'll want to check out passkeys. Passkeys are a new login method that helps secure your account on iPhone, iPad, and Mac. US customers can start using passkeys today, and the feature will be available in other countries in early 2023.
A passkey also called a cryptographic key, is a string of characters used to encrypt and decrypt data. A key pair, consisting of a public and private key, is used in asymmetric cryptography. The private key is kept secret and is used to decrypt data that has been encrypted with the public key. The public key can be published and is used to encrypt data.
Passwords are vulnerable to phishing attempts because they can be intercepted and decrypted by an attacker. Passkeys are not vulnerable to this type of attack because they are not transmitted over the network.
The FIDO Alliance is an important new standard for security, and it's great to see that Apple, Google, and Microsoft have all committed to supporting it in their operating systems. This means that people will be able to use their accounts on these devices with a passkey, which is much more secure than using a traditional password. This is a great step forward for security, and I hope other companies will follow suit.
If you're looking for a more convenient and secure way to use PayPal, consider creating a passkey. With this feature, you'll be able to access your PayPal account across all your Apple devices. No need to remember different passwords or login information - simply use your passkey to access your account from any device. Plus, with PayPal's new security features, you can be confident that your account is well-protected.
What do you think about the new login method? Do you think that the use of passkeys will improve security? Let us know what you think in the comments.