PayPal Signs Up For Stronger Authentication

PayPal Signs Up For Stronger Authentication

PayPal has become the first UK firm to sign up to the VeriSign Identity Protection (VIP) two-factor authentication scheme designed to give consumers an extra layer of security when transacting online.



The service is simple to set up for retailers or service providers, requiring only a web services SSL link to VeriSign and small adjustments to the log-in page of their site, according to Mike Davies, director of identity and authentication services at VeriSign.

The online payment firm is offering the service as a security key fob token to customers for around £3, or in the form of a passcode text message sent to a customer's phone every time they log in.