Security News > 2022 > October > PayPal ditches passwords, at least on Apple devices

PayPal has added passkeys for passwordless login to accounts across Apple devices.

Passkeys allows users to login to accounts with cryptographic key pairs instead of passwords.

According to a survey of 16,000 global consumers by biometric authentication firm iProov, 15 percent of global consumers abandon online purchases at least once a week because they forgot their password, and 32 percent ditch the shopping cart at least once a month for this same reason.

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Existing customers can log in to PayPay on an Apple device using their existing credentials, and then select the option to "Create a passkey." They will then be prompted to authenticate with Apple Face ID or Touch ID, and the device automatically creates the passkey.

Customers using devices that don't support passkeys yet can still use an iPhone to log in with a PayPal passkey by scanning the QR code that appears after they enter their PayPal user ID. .

News URL

https://go.theregister.com/feed/www.theregister.com/2022/10/25/paypal_ditches_passwords/