Paypal and Ebay security keychain available now - $5 shipped

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HyTekJosh

Golden Member
Jan 20, 2001
1,500
0
0
What about those that have a business account and more than one user? Do they issue multiple keys?
 

msi1337

Diamond Member
Apr 16, 2003
7,818
67
101
got mine and have used it hundreds of times since then. Its inconvenient to always have my keys around..but I can appreciate the safety measure

 

Ualdayan

Member
May 11, 2004
76
0
66
Originally posted by: dxpaap
Nice, it would be nicer if it was free, like Etrade. I wish my bank would use a RSA generator also (can't believe banks aren't using it) but I've heard that bank systems being hacked is more of a problem then indivial acct passwords being stolen.

E-Trade charges $25, unless you have a balance of at least $50,000 in Etrade accounts. I don't know about you, but most people don't keep $50,000+ in their Paypal account.
 

Ualdayan

Member
May 11, 2004
76
0
66
Originally posted by: ELopes580
I got mine today also. I activated it not only for paypal, but for ebay as well.

How are they coming for you guys? (Still haven't got mine). Is it US Mail (generally everything takes a lot longer through them for me, nothing like getting mail that says Postmaster please deliver then a date of a month ago), UPS, or Fedex? What state are they being sent from?
 

nallur

Senior member
Nov 8, 2000
209
0
0
USPS First Class.

Originally posted by: Ualdayan
Originally posted by: ELopes580
I got mine today also. I activated it not only for paypal, but for ebay as well.

How are they coming for you guys? (Still haven't got mine). Is it US Mail (generally everything takes a lot longer through them for me, nothing like getting mail that says Postmaster please deliver then a date of a month ago), UPS, or Fedex? What state are they being sent from?

 

smarttart62

Member
Mar 19, 2007
52
0
0
Bumped...

I received a survey from PayPal about this a few days ago. Aparently they give you a $5 starbucks gift card for completing it. Two hot deals in one ^_^.
-Steve
 

gsethi

Diamond Member
Feb 28, 2002
3,457
5
81
Originally posted by: QueBert
dunno what you consider "high fees and precentages" but for low volume they are a great deal. Try to find credit card processing on your own that will give you anywhere near to as good of a deal that Pay Pal does. 2.9% + .30 cents isn't bad. CC processing will probably run you 2.2% minimum and a monthly fee of anywhere from 20 to 50 bucks. If you do large amounts of transactions you can get 1.6% but for that you have to be selling mass amounts of ******.

Also with Merchant Services you generally have to have a credit line approved, that way if people charge back (want refunds) the underwriter doesn't get screwed if you took the 10g's out the bank account already and they are stuck with paying the money back themselves And if you're approved for $5,000 a month and end up selling over your limit you are screwed.

would it be nice if Paypal charged less? sure, but honestly I haven't found anywhere that's better for a small to medium amount of transactions.

You need to learn on how to negotiate with Credit Card Processors. If you agree to their published prices, then they are taking you for a ride. There is ALWAYS room for negotiations.

how does 20c + 0.65% sounds ? what about 15c + 1.55% ? What about 10c + 1.79% ? (and these prices are without any negotiations) and no monthly fees.

The 30c + 2.9% that paypal charges is one of the highest that is not even charged on international rewards cards by credit card processors.

And NO, you dont need an approved credit line. If your customer charges back and you dont have funds in your account, your credit card processor will just deduct the amounts before depositing funds on your next batch. Hope you know that they ask for your Social/Business EIN numbers before they sign you up....

Dont spread rumors if you dont know about them.

<<< not a credit card processor but have merchant accounts (and the rate that I have is much much lower than what I said above)
 

KeypoX

Diamond Member
Aug 31, 2003
3,655
0
71
how does this work does it just use a algorithm to generate a random number if so someone could make a program to do that too.
 

smarttart62

Member
Mar 19, 2007
52
0
0
Originally posted by: KeypoX
how does this work does it just use a algorithm to generate a random number if so someone could make a program to do that too.

Aparently you have no idea how this works... I'm not going to go into vast details, but as of now it is still COMPLETELY un-broken (and this tech has been around for a few years now).
-Steve
 

VirtualLarry

No Lifer
Aug 25, 2001
56,448
10,117
126
If you can still login without this fob, then doesn't that make the extra layer of security useless?
 

thraashman

Lifer
Apr 10, 2000
11,084
1,505
126
Originally posted by: smarttart62
Originally posted by: KeypoX
how does this work does it just use a algorithm to generate a random number if so someone could make a program to do that too.

Aparently you have no idea how this works... I'm not going to go into vast details, but as of now it is still COMPLETELY un-broken (and this tech has been around for a few years now).
-Steve

My work uses this same technology for VPN access into our network. It's a nice technology for Paypal to add.
 

bravo36

Junior Member
Nov 13, 2001
16
0
0
Originally posted by: thraashman
Originally posted by: smarttart62
Originally posted by: KeypoX
how does this work does it just use a algorithm to generate a random number if so someone could make a program to do that too.

Aparently you have no idea how this works... I'm not going to go into vast details, but as of now it is still COMPLETELY un-broken (and this tech has been around for a few years now).
-Steve

My work uses this same technology for VPN access into our network. It's a nice technology for Paypal to add.


Exactly. Same thing with the government. And to have it available to us so cheap is way cool.
 
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