>> Paypal, online banking services the password has garnered undeniable legitimacy among the majority of people.
>>I have no data to back this up, but this isn't too outrageous a claim. Right?
nope, sorry you're wrong & yes you have no data to back this up. even with "100's of millions of account", it's likely PayPal has never been used by a large % of internet users -- perhaps even a majority -- and it's certainly not used frequently (ie, >1x / month) by more than tens of millions of users. even without me being there for 5 years i'm pretty sure any recent eBay quarterly stmt will back me up on that (note: accts != users != frequent users).
trust me: "the forgotten password problem" is STILL a huge issue for PayPal today, as it is with almost every large site... even one as frequent as PayPal (or Amazon).
if you think i'm mistaken, i suggest you talk to any major tech blog site that has switched to using Facebook Connect or Twitter oAuth for comment authentication, and the subsequent increase in comment activity.
it's not too much of an extrapolation to draw a similar conclusion around 3rd-party auth integrated with payments (which is what PayPal has been doing for 10 years).
nope, sorry you're wrong & yes you have no data to back this up. even with "100's of millions of account", it's likely PayPal has never been used by a large % of internet users -- perhaps even a majority -- and it's certainly not used frequently (ie, >1x / month) by more than tens of millions of users. even without me being there for 5 years i'm pretty sure any recent eBay quarterly stmt will back me up on that (note: accts != users != frequent users).
trust me: "the forgotten password problem" is STILL a huge issue for PayPal today, as it is with almost every large site... even one as frequent as PayPal (or Amazon).
if you think i'm mistaken, i suggest you talk to any major tech blog site that has switched to using Facebook Connect or Twitter oAuth for comment authentication, and the subsequent increase in comment activity.
it's not too much of an extrapolation to draw a similar conclusion around 3rd-party auth integrated with payments (which is what PayPal has been doing for 10 years).