VirtaPay is becoming more sophisticated
@Masihi (4413)
Canada
July 6, 2011 12:52pm CST
Some say it's a scam, others say it's legit, I'm still undecided now. Today they launched this facebook login-thingy were we log in using our existing facebook account, and that we can't continue to use our virtapay account unless we have a facebook account. So that's what I did, still not asking for our financial information. The blog seems organised and professional, even basic grammar and spelling is good, they're keeping timely contact with us, no hype, asking for feedback, all that good techie stuff.
Someone told me that PayPal started off similar to how Virtapay is starting off. Oh well, as long as they're not getting super-personal with us, I probably will continue with this. What do you guys think?
1 person likes this
2 responses
@SpikeTheLobster (6399)
•
6 Jul 11
There's no way I'd give them a login to Facebook. There is absolutely no legitimate reason they would need it, except to get back-door access to all your data there and connections to other apps.
Not only that, they'd be limiting their customer base to people who're on Facebook which, although it's a lot, isn't everyone. Why would they do that?
They may be legit but I wouldn't EVER give them access to anything else, especially considering they're a money handler. What kind of bank deliberately opens up holes in their virtual defenses? 
2 people like this
@Masihi (4413)
• Canada
6 Jul 11
Hmmm...interesting, because AlertPay and PayPal don't require login to facebook in order to keep an account. Could it be the fact that VirtaPay specifically is geared towards online marketing, and that the majority of online marketers are on Facebook? Just a question to throw out...
1 person likes this
@SpikeTheLobster (6399)
•
6 Jul 11
It could be, but why DEMAND a Facebook account?
The whole point of online banking is that payments are only handled on the site itself. You don't open up data flows to and from third party sites unless you have an iron-bound agreement with them and some very serious security in place - especially when it's money and personal info being bandied about.
I can understand wanting better integration with other sites: cf. Paypal and eBay, which work very closely together. I wouldn't give eBay my Paypal password or vice versa - and they don't ask for them because they know it's risky.
Personally, I'd want a darned good answer to why they require a FB login or I'd shift all my funds out and change my FB password, pronto.
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