Money Management

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Money Management

What is card skimming?

Dec 6, 2023

Though credit and debit cards generally have built-in security features, they may not be foolproof. For example, thieves can steal sensitive information by skimming cards, a technique that helps fraudsters clone cards and use them later for fraudulent transactions.

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Buying and selling cryptocurrency is subject to a number of risks and may result in significant losses. Please see our disclosure for more details. PayPal does not make any recommendations regarding buying or selling cryptocurrency. Consider seeking advice from your financial and tax advisor. All custody of and buying and selling in cryptocurrency is performed for PayPal by its licensed service provider, Paxos Trust Company, LLC. Buying, selling, transferring, and holding cryptocurrencies is not regulated in many states, including the State of California. PayPal, Inc. is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Buying, selling, transferring, and holding cryptocurrency with PayPal is not available in Hawaii and where prohibited by law.

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