Do you think Paypal is secure? Some of you will bet on how secure their website is and it's almost impossible for anyone to hack into your account. Not...
There really isn't a need to "hack" into a paypal account. They have made it quite easy for anyone to sign into anyone's account. All you need to know is somebody's email address and their phone number. Now tell me how easy that is! And just in case you don't know if you have the right number, no need to worry. Paypal will actually help you figure out the right number. Don't believe me? Just pretend you forgot your password and then go to paypal's website and after putting in your email address, click on "forgot my password" link... Paypal gives you an option to select "phone number" and after you click on that, it displays the list of your phone numbers with only the last 2 digits displayed. Choose one of them (just in case you were wondering if you should enter the home or the business number), and then enter the full number and that's it! You can now change the password and access the account.
So don't wait any longer. Cancel your paypal account immediately - before somebody plays around with your account. By the way, did you ever read Paypal's terms and conditions. If you didn't, please do that. I lost thousands of dollars a few years ago, because I didn't do that. Paypal has done everything possible to ensure that they don't get into any trouble.
Why has Paypal made it so easy for someone to hack into your account - you may ask? That's because they don't want to be bothered with people calling them or emailing them about any sign-on problems. This way, they can save even more money because then they have to hire less people to answer your calls or emails. So they have made it really easy for you to sign into your account and also for others. I'm sure they know what they are doing. And I'm also sure that they must have done everything to protect themselves in their "fine print".
The contents of the above article are true as of March 23, 2009 and I have tested the above method. So what are you waiting for? Go ahead and cancel your Paypal account. And by the way, make sure you tell them why. And don't be fooled into trusting them anymore. They may change their policies anytime.
