PayPal boss was victim of card fraud.
David Marcus is CEO of PayPal.
In an official capacity, he was recently in the UK. There he experienced that someone had bought goods at his expense.
– My card was probably skimmed the hotel I stayed at. So they copied it and took a real shopping, writes Marcus on Twitter.
Would not have happened
Marcus exposed to the PayPal should be a safeguard against: that someone gets hold of your card details.
PayPal Constitute an extra layer between buyer and seller, where the transaction goes through an additional safety joints and transmission is guaranteed.
This would not have happened if the store had accepted PayPal, PayPal chief’s conclusion.