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Thank you Rachael39!
I logged into PayPal from my browser and then, after 5 unsuccessful attempts, all of a sudden, I was connected. My only guess, why the 6th attempt worked: I verified on the QB side IMMEDIATELY after I had verified in the other browser tab directly logging into PayPal.
I am glad the ordeal is over, but still do not appreciate Quickbook's handling of this.
0 Cheers