How does PayPal store my data and keep my data secure?
At PayPal, every employee is responsible for respecting and protecting the personal information to which the employee has access. Our privacy officer oversees our privacy practices and our efforts to follow all privacy laws that apply, and to manage and reduce privacy risk. To ensure the protection of your personal information, we maintain policies and practices that govern our privacy and personal information handling practices, including defining roles and responsibilities for handling your information from the moment we gather it until it is destroyed, regular employee privacy and security training, responding to privacy complaints or inquiries, and investigating potential incidents.
We store your personal data in secure databases. In addition, we automatically encrypt your confidential information when it's stored and transmitted. Your data can't be intercepted when it's sent from your computer to ours. Plus, when you use PayPal to make a secure purchase, we don't share your payment details with the seller.
Regarding your most sensitive data, such as tax information, bank account or credit card numbers, we designed our system so even our employees only see the information necessary to help you. For example, they can only see the last 4 digits of your financial account numbers.
To protect the security of our customers' data, we don't disclose the location of our databases or details related to our security systems, algorithms, or encryption systems.