How To Monitor Your PayPal Login Activity For Better Security: Safety Check

Paypal has been a big billion name in the world of online payment activities since 2022. Max Levchin, Peter Thiel and Luke Nosek is the trio behind the development of this digitized payment method. However, PayPal was their second business model, and before launching this spectacular electronic payment method worldwide, they had worked on Confinity. It was a business model which offered advanced security software to hand-held equipment. This model didn’t work out & that’s when the progression of PayPal took place. The team worked with a modified business idea on PayPal & successfully launched its former version in 1999, and after getting renamed in June 2001 from Confinity to PayPal, it was made available to users in 2022.

The facilities that PayPal (Fintech Company) offers are extremely beneficial for business owners and freelancers to promote their businesses in diversified countries. Likewise, you can also use PayPal to send or receive money in your circle. The user interface of PayPal is smooth and one can easily download it on their device from the Play Store or App Store. Although, it’s still recommended that you always use the PayPal official website to create or delete an account, check the login activity, as certain features are unavailable on the phone.

With so much discussion about PayPal, we’ll now explain all the prominent components of this payment app in detail. This way, you’ll learn how to use PayPal and will understand the significance of reviewing PayPal login activity on a regular note.

Also Read: Alternatives Of Google Pay For iPhone 6 and iPhone6s Users

Get Started With Your PayPal Account (Individual & Business)

To check the PayPal Login Activity, you first need to have a PayPal account. If you have one, keep reading this article throughout  as in the next segment, we’ll be telling you about how to check PayPal login activity to maintain a strong record of your transactional activities. Those who don’t have a PayPal account can create one by following these guidelines correctly.

• Step 1: Open the PayPal official website on a desktop with a stable internet connection
• Step 2: You have to now click on the ‘Sign Up for Free’ option shown on the middle screen

• Step 3: A pop-up with two different options, i.e., Individual Account & Business Account, will be displayed to you

• Step 4: Choose an Individual Account if you want to use PayPal for personal transactions & then tap on the Next option
• Step 5: In the next step, you’ll be asked to fill in your registered mobile number, following which you have to again tap on the Next button
• Step 6: A verification code will be sent to your registered mobile number for confirmation. Enter that 6-digit code and move on to the next step
• Step 7: Fill in your email address, and create a strong password using a combination of uppercase & lowercase alphabets, numerical & symbols. A strong
  password always helps in protecting your account. On completing this step, tap the Next button
• Step 8: A page will open up on your screen where you need to enter the following details in a right format

1. Personal Address (Personal) / Professional Address ( Business Owners)
2. Name, Date of Birth (Personal)
3. Address Line 1 & 2 (Business leads should enter their commercial address)
4. Pin Code ( Nearby area to your home (Individual) or office (business)

• Step 9: Tick mark on the three checkboxes and tap on the Agree & Create option
• Step 10: You will now have to enter your credit card or debit card details. Make sure you enter the right card number, expiry date & CSC
• Step 11: Tap on the Link Card, and it’s done
• Step 12 (Optional): There’s also an alternative of linking your bank account with your Paypal account right below the Link Card button. Tap on Link a bank instead if you want to go ahead with this option
• Step 13: Lastly, tap on Go to your account & scroll your PayPal account inside out

For Business Owners

Whether you’re a small or medium size business owner, keeping your options open for transferring and accepting international payments is essential. No matter how long it takes, as an entrepreneur, you should always believe that there will be a day when your products or services will reach the targeted audience in the foreign market. That’s when you’ll need PayPal to make the transaction process feasible for your customers so that they connect with you in the longer run.

As stated above, the procedure to open a PayPal business account is very simple, and you need a bank account, a few personal details such as name, address & a valid debit or credit card to make one. The steps are the same only difference is that you have to select the ‘Business Account’ in place of the Individual Account to create a PayPal account for business purposes. Also, the email address, address lines & pin code should be on the name of your business entity.

Pros & Cons Of Opening a PayPal Account

Also Read: Google Pay And PhonePe Top Fintech Download Chart In February

Charges Of PayPal Account

You can create an account for free, but if you want to convert a currency, you have to pay the conversion fee & its service charges separately. Although, there’s no fee for domestic transactions & it’s free.

• Currency Conversion Fee (US & Canada) – 3.5% + 4.5% Service Fee
• Currency Conversion Fee (Other Countries) – 4% + 4.5% Service Fee

Appropriate Method To Check PayPal Login Activity

When you have a PayPal account and global transactions are a crucial component of your business, then it’s pivotal to keep a decisive eye on the PayPal login activity to make sure that hackers don’t intrude into your account through illegal pathways. You should always check your PayPal login activity just to be on the safer side of online payments.

• Step 1: Login into your PayPal account via desktop by entering the registered email address & password
• Step 2: Tap on the Settings icon visible at the upper right corner of the screen
• Step 3: A new page will open up where you need to tap on the Security option
• Step 4: On the next page, tap on Update right to the Auto login menu
• Step 5: To proceed further, tap on Enable option. This would activate the auto-login feature for all the PayPal devices associated with your account
• Step 6: Now, tap on Turn On PayPal One Touch to make the final submission
• Step 7: Navigate back to the Security tab and tap once more on the Update option. You can now see all the PayPal logged-in devices from your account, along with the login time info & IP address

Steps To Conceal Your PayPal Activity

There’s no option to hide the PayPal login activity, but you can turn it off by accessing the Auto Login menu from the Settings tab. In the above context, you tap on the Update option to check the login activity but to hide it, method is a bit different. Once the Auto login menu is shown on the desktop, you need to tap on the Turn Off option mentioned just right to the device’s name. By implementing all these necessary steps you can also prevent yourself from getting automatically logged into the PayPal application.

Sign Out From All PayPal Accounts

The most basic approach to quickly log out from all PayPal devices is attainable only by changing the password. Go to the Security & Privacy tab to change your current password & enter a new one. As soon you modify the password all the PayPal devices logged in with the previous password will be signed out.

Switch Back To Personal Account From PayPal Business Account

PayPal business accounts witness loads of transactions daily, due to which business owners have to pay hefty additional charges. In order to get rid of these charges, they choose to revert to individual account. Other possibilities of switching to a personal account could be that the business has shut down, declined, or the business partners have broken their partnership. Whatever the scenario, one can always change their business account to a personal one. Please go through the steps mentioned below & know how it’s executed appropriately.

• Step 1: Simply login into your PayPal Business Account via desktop by entering your valid credentials, i.e., email address & password
• Step 2: You have to scroll downwards & tap on the Contact option
• Step 3: Select Help Centre > Message Centre
• Step 4: Tap on the New Message option to create a new query message
• Step 5: From the available list shown, tap on the Account profile & set up (Credit or debit card, bank account, email, phone) option
• Step 6: On the next page, choose the ‘Upgrading or downgrading your content’ option & then enter your specific request within the Message box
• Step 7: Tap on the Send email option. PayPal authorities will contact you for verification based on your request, after which your business account will be changed to a private account

Report PayPal On Detecting Fraudulent Activity

If you suspect any unknown activity on your PayPal account, you should instantly change your password and implement a strong one. PayPal is strongly encrypted with powerful security features, but hackers still make their way into it through unlawful practices. Once you change the old password, connect with the PayPal Help Centre, update them about that particular transaction & ask them to put a hold on all future transactions for some time. Also, turn on two-factor authentication on your PayPal account to control unauthorized access in the future.

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Conclusion

In 2023, the number of PayPal users will increase by 6.7%, which is a good number. India has 117 million active PayPal users who often use this payment service for making international purchases & money transfers. This shows that PayPal is ruling the game in the fintech sector. If you also indulge in international payments, then frequently check your PayPal login activity using the method listed in this article. Subsequently, if you find something unusual, scam, or fraudulent activity, immediately report it to the PayPal help centre for better assistance.

Frequently Asked Questions (FAQs)

Q) Is it possible for two people to login into the same PayPal account?

Ans: PayPal accepts multiple logins for one account, but at times, the other individuals who have logged into the application or have access to it get logged out. To authorize different logins for a PayPal account, you must first navigate to the Security & Privacy tab & then tap on the Manage Login to add or remove information related to other PayPal users who’ll be using the same account.

Q) Can I make another PayPal profile with similar bank details?

Ans: PayPal allows its users to make a new profile using the same bank account details only if they have removed it from their previous profile. PayPal specifies that every user should have a unique bank account under their name. In addition, there’s also an option of linking the same card (debit or credit) with various PayPal accounts & this option seems helpful for large-scale business owners.