As I wrote in the last week’s edition, PayPal has finally made its debut in Nigeria. It is one of the most convenient ways of paying or receiving money online.
Nigerians interested in making use of PayPal services should take extra care to protect themselves from cyber criminals because the transactions are entirely made online. PayPal has put some of the world’s best consumer protection protocols in place.
Using PayPal offers almost the same security as using a credit card. Unless you are careless, therefore, it is almost impossible for a cyber-criminal to get into your account. With all the extra protection layers that PayPal provides its clients, it is perfectly safe to trust that your account will be safe.
PayPal is the world’s leader in the realm of online payment systems. This also makes it the biggest target for online cyber criminals. All sorts of hackers and fraudsters have been implicated in trying to get into PayPal accounts of users.
This means that even as Nigeria celebrates the entry of PayPal, caution ought to be exercised by users as they make use of the service. This will protect them from various forms of online fraud that may see them lose money. — Continue Reading
