PayPal, the leading online payments system, is recently bombarded with various security issues. But that does not stop there. Aside from eBay's recent confirmation of possible problems with Paypal payments, a new report claims that the entire authentication process of the online payments giant can be bypassed.

PayPal Authentication Process

Last week, Forbes reported that the authentication hack on PayPal is true. This would allow hackers to gain access to an account as soon as the credentials were phished, easily bypassing the authentication tools of the company. Today, a new report reveals that the whole authentication process of PayPal could be bypassed.

Through this, hackers could gain access to the account, taking with them stolen credentials that anyone could purchase on the dark web for as low as $1.50. The latest news about PayPal comes from the research team Cybernews. It also comes with a complaint that the online payments giant did not take earlier reports seriously, particularly that reported by HackerOne.

According to CyberNews, it met unresponsive staff, non-stop delays, and lack of appreciation from PayPal. This came following their report revealing six vulnerabilities with the online payments giant. This includes dangerous exploits that could let anyone bypass PayPal's two-factor authentication.

In response to the report, PayPal shared to Forbes that it takes every report very seriously and reviews each of them with a sense of priority. The team also said it conducted a more detailed investigation on the matter. However, it discovered that the submission does not pose any threat. It also claims that the assertions of CyberNews are misleading and inaccurate.

eBay Payment Issue

The eBay community forum and several social media outfits have been showing several complaints on the issues several eBay buyers encountered when paying their purchases using PayPal. The problem includes outdated or unlinked credit or debit card information or outdated banking information. There are also those who met fraud protection measures from financial institutions that restrict authorization of the payment using the PayPal gateway.

Several others reported PayPal fraud prevention measures and cookies having an issue with the user's web browser. So far, PayPal has not yet said anything about the issues. eBay, on the other hand, acknowledges the issues and claims that it is conducting an investigation. At this point, it is not clear what is the cause of all these issues, and it appears that it is not systemic or site-wide.

The community forum of eBay is still open, and customers experiencing issues on their PayPal payment could share their experience on the forum.