Well, until now after having my Paypal account for over 5 years (with the same simple password) I haven't had any issues. On Jan. 31, I get an email from Paypal saying that my account has been frozen and I had to confirm my identity. I was under the impression that this was just a random thing. I logged in and it made me change my password and security question. It turns out that a hacker somehow figured out my password, logged into my account and spent 60 bucks. Already by this time Paypal had started a payment dispute and within a week I had the money back. This was very scary because the person who accessed my account had full access to withdraw money from my primary bank account.
For that Paypal gets two thumbs up for me. Within 24 hours of this happening (without my knowledge at all) they had my account locked and started a payment dispute.
For some reason I missed the initial payment email in my inbox. I have no idea how paypal realized that my account was hacked. I am assuming they used IP addresses, but I am not sure.
I just wanted to share my positive experience with Paypal.![]()
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