PayPal is an online payment processing platform that is owned by the parent company, eBay had its first ever billion dollar revenue quarter in 2011. PayPal is one of the preferred payment processors for online merchants, but it is not immune to being hacked or compromised in many ways putting whatever funds you have in your account at risk. In this article we'll take a look at some ways that you can protect your PayPal account. "PayPal says that it saw $3,650 in Total Payment Volume every second in Q2 2011. By our calculations, that means PayPal is processing around $315.3 million in payments per day." Source: techcrunch.com