PayPal wins Safety Award
Via auctionwire comes the news that PayPal has recently been given an Online Safety Leadership Award by the Authentication and Online Trust Alliance (AOTA) in the eCommerce category.
“With more than 143 million accounts worldwide, PayPal is trusted by its customers because the service was designed from the ground up to be the safe way to send and receive money online. We are combating phishing and spoof through the use of leading security and anti-fraud technologies and collaboration with the industry, law enforcement, and consumers alike, said Michael Barrett, chief information security officer at PayPal. We are delighted and honored to be recognized for our leadership role in keeping our customers safe and preserving trust online.”
Well-deserved recognition. As a consumer I think that PayPal is a tremendous payment system and the best way to send & receive funds from other individuals (death to paper checks …).
May 3rd, 2007 at 11:08 am
Really? I would have thought paypal got the booby prize for being the most ‘easy to defraud the seller’ payment gateway. On a small scale paypal is great, but I would never have a account connected to paypal with any kind of money in it!