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Wednesday, May 23, 2007

 

PayPal Solutions - 5 Steps to Manage Your PayPal Account

If you’re wondering how to keep your paypal account safe and still useful, I have a few suggestions. These five steps have proven themselves over time, and I’ve had no problems with PayPal because I manage my accounts for privacy.
1. Password Protection
Use a viable password, no dictionary words, add alternate letters, numbers, caps, lower case, and mix up the letters. A good mix of letters, numbers, lower and upper case will make your password more effective, less easy to translate, and should be at least 8 letters long.
2. Change Password Frequently
Change your password frequently and do not reuse a password alternately, it becomes too easy to trace and obtain. I always recommend a monthly change of password, on various days of the month. A good time to change your password is every fifth time you check your account.
3. NEVER go to PayPal from your Email account
Always pull paypal up from the address bar, sign in on a new browser page and sign out, then immediately close your browser. If you’re on a public computer, change your password more frequently and be sure you sign out and reboot the computer when you get out of the account.
4. Keep a checkbook type ledger of your PayPal Account
Keep a record of PayPal Account actions, offline. You’ll want to be able to verify ALL actions you take on PayPal, with logically written actions, so you can prove your account behaviors. Guard your offline Account Transaction Information. Keep it private and secure at all times.
5. Print out ALL receipts from PayPal
Print out ALL receipts from PayPal, and keep copies in a file, with your other PayPal records. Keeping PayPal Receipts with your other financial records, reminds you that it is a financial institution, and very much protected, so you should protect it too.

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