PayPal Adds Passkeys as Log In Option
25 October 2022 - 2:55AM
Dow Jones News
By Stephen Nakrosis
PayPal Holdings, Inc. on Monday said it was adding passkeys as a
new log in option for account holders.
The company said passkeys replace passwords with "cryptographic
key pairs, offering customers a simple and secure way to log in to
PayPal based on technology that is resistant to phishing and
designed so that there is no shared passkey data between
platforms."
Passkeys will be available Monday to customers in the U.S.,
initially to iPhone, iPad or Mac users on PayPal.com. The company
said the option will become available on additional platforms as
those platforms add support for passkeys. Passkeys will also become
available in additional countries beginning next year, PayPal
said.
Doug Bland, head of consumer at PayPal, said: "We are excited to
provide our customers a more seamless checkout experience that
eliminates the risks of weak and reused credentials and removes the
frustration of remembering a password."
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 24, 2022 11:40 ET (15:40 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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