PayPal deploys SMS authentication system in UK

Paypal has launched an SMS-based authentication system for UK users, which texts a unique code to the customer's mobile phone for them to use when logging in to their account. [via Finextra]

The optional SMS security is being rolled out to UK customers as a free service. PayPal is also offering a physical digital security token costing £3 for users who don't wish to receive the texts on their mobile handsets.

emily | 2:45 PM | SMS and Banking |
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