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Posted by Mark R. Cusumano on March 13, 2008, 11:14 am
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>>>
>>>>>>I recently had a problem with PayPal. I had no problem downloading
>>>>>>transactions directly into Quicken until I got a PayPal security key.
>>>>>>Essentially what it does is generates new 6 digit password every 30
>>>>>>seconds. I figured, no problem I would just not store my password in
>>>>>>the password vault and type it in every time. WRONG. When I try to
>>>>>>update I get a message telling me that the password my financial
>>>>>>institution has does not match the password stored on the Quicken
>>>>>>server and I have to click on the link to "update your password in
>>>>>>Quicken". This time Quicken has no problem as it now updates ITS
>>>>>>password (which I never told it to store) and the password my
>>>>>>financial institution has. Anyone know why the Quicken server is
>>>>>>storing password?
>>>>>
>>>>> Have you tried going into the Password Vault and deleting the password
>>>>> for PP there? It should then prompt you each time you do a one-step
>>>>> update for the password to the PayPal site. Just watch the buttons you
>>>>> click on so that you don't accidently save the password.
>>>>
>>>> Yes, I did that and it correctly asks me for the password each time.
>>>> But then I type in the new password it still complains it doesn't match
>>>> the password stored on the "server" and I can click a link to update
>>>> the password on the server. This for some reason is a different
>>>> location then the Password Vault because I am correctly asked for the
>>>> password every time. If you want to see how this works, change your
>>>> password from the bank on their website. Change it in the password
>>>> vault and you will find the first time you use the password on Quicken
>>>> you will get an error even though you changed the password in the
>>>> vault.
>>>>
>>>> --
>>>> Mark R. Cusumano
>>>> Skype Name: mark.cusumano
>>>> Web: http://The-Padded-Cell.spaces.live.com
>>>>
>>>>
>>>>
>>> Quicken direct connect downloads are 1 day behind the Bank's
>>> website. If you make a change on a bank website, you must wait
>>> for the overnight transfer from the bank to Quicken's server
>>> before you can use the new information. Deposits to my
>>> checking account always download 1 day after they appear on
>>> the bank's website.
>>>
>>>
>>
>> I'm not worried about the information it's just the password that won't
>> work. I'm not being stopped by by financial institution but by the
>> Quicken server. If the password I type in doesn't match their REMOTELY
>> stored password they won't validate or even check with my financial
>> institution to see if the password I typed in is valid. The error DOES
>> give me the option to update that remotely stored password on Quicken at
>> which time it will validate it with the bank and everything works fine
>> (for the next 30 seconds until my password changes again).
>
> It does not sound like Q was designed for a FI that constantly changes its
> password. It might be easier to just disable the Paypal new 30-sec
> password feature and go back to the original static password that Q likes.
I think you are right and maybe in the future they will make an adjustment.
Fortunately for me I so infrequently use PayPal that it's just as easy to
"update my password with Quicken" once a week and keep the security of the
key as PayPal is tied to my primary account. Was hoping there was an "easy
fix" <grin>
--
Mark R. Cusumano
Skype Name: mark.cusumano
Web: http://The-Padded-Cell.spaces.live.com
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