Friday, October 23, 2015

How Paypal Hacks Work?

Paypal, a company who also owns e-Bay, is an international digital wallet based e-commerce business allowing payments and money transfers to be made through the Internet. It has been round for several years and has established itself as a leader in online shopping transactions and money transfers. However, as early as in the year 2012, Paypal exploits and hacking tools have been mushrooming in the internet left and right and this is still happening up until today. How did this happen? Read on and find out how. (Disclaimer: the Paypal hack developers didn't discuss their techniques in detail to keep Paypal from finding out and fixing the loopholes, of course). Convicted NASA hacker Razvan Cernaianu, also known as TinKode actually gave the media (and Paypal, at that) information on how one of the hacks work. According to Razvan, you don't need to be an accomplished hacker to double your Paypal funds. All you need are three Paypal accounts. The first on the first account, you will act as a legit buyer, the second account, act as a disposable seller while the third account will act as a mule. The basic premise for this process is you will be transferring funds to one of these Paypal accounts, pretending to buy something and at the end of the day, you get to double your money because of a loophole that Paypal has in their charge back process. Paypal has actually even admitted to this loophole and said that it is possible; however, the latter has warned that any user who abuses this will be banned permanently by Paypal. Another website that offers Paypal hacking tool also gives a bit of explanation on how they do this. Again, they based it on a Paypal loophole that one of their programmers found and exploited but it's more on the refund system of Paypal this time. Again they didn't share the nitty-gritty details of the software but they give the assurance that Paypal will not ban you. Our Paypal Money Adder is based on leaked information from a PayPal employee. According to our developer team, "our Paypal Hack uses a backdoor that was secretly installed before the employee in question had to quit." Whether all of the above mentioned hacks work or not (except for our very own Paypal hack, of course), they actually have similarities in their processes: that Paypal has some sort of loophole in their system and that this loophole allows you to add certain amounts of money to your account at certain periods (with limits, of course). Before you download any software, we strongly suggest that you do your homework first: check if the source of the link or program is somewhat reliable, before you run the hacking tool, check it first with an antivirus software for viruses or malware and make sure to follow the restrictions that were put in place by the developers to make sure that your Paypal account will not be permanently banned. Your Trusted Partner in Hacking, Ashley Taylor Read more...

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