Over 400 million users make billions of transactions each year via Paypal. 11 Most Common PayPal Scams to Look Out For Instead, fraudsters target individuals who use PayPal.įor this reason, it’s important to understand the most common types of PayPal scams and how to avoid them.

But given the company’s resources, hackers are less likely to try and breach Paypal’s security system. PayPal is a giant in online payment processing, making it an appealing target for fraudsters looking for an easy payday. And our go-to recommendation is 1Password: A password manager can help you secure your account against scammers. Never rely solely on the information provided in an email.Īnd if you suspect yourself of getting scammed, make sure to change your password. Always use the PayPal website to review your transactions or contact the company. To protect yourself from PayPal phishing attacks and shipping scams, we recommend you be extra critical of PayPal emails and links.

Hackers use a hacked PayPal account to pay for an item so they can file for a full refund.

Scammers use fake shipping addresses, bogus shipping labels, and other strategies to send goods to untraceable destinations.

Fraudsters claim you are entitled to a large sum of money, only to ask for an”advance payment.”.Hackers trick you into logging into a fake PayPal site.The most common PayPal scams of 2023 include the following: Scammers prey on unwary PayPal users to steal goods and money in a number of creative ways. As one of the largest online payment processors in the world, PayPal is a huge target for scammers.

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