Are you seeing 402-935-7733 on your bank statement recently? As far as you know with your purchases and monthly dues are concerned, that number is not familiar. So what do you think that is? Do you think you are scammed? Well, basically, you are not scammed. That number right there is actually the merchant number of PayPal. But that does not mean that you are safe.
Okay, so that is from PayPal. Great! Now the next question would be “do you have a PayPal account?” If your answer is yes, then that sounds about good. But if you do not have a PayPal account or any transaction that relates to any PayPal account, then that should start to concern you.
402-935-7733 and PayPal
So what exactly is the 4029357733 and why is it considered as from PayPal? Does that mean that all transactions that appeared on your bank statement account that has that number are safe?
Here is the plain truth about that controversial number. PayPal uses merchant numbers as their identification. And the 402-935-7733 is the one that is considered the legit merchant number and also one of their customer service number.
Is It Safe?
Safe has a very fragile line to it. As you might have heard, there is an existing technology where it is possible for a phone number to spoof a different phone number. The same goes for the merchant number of PayPal. Any online entity can use the number 402-935-7733 as their merchant name if they intend to do so.
Here are some factors where you should be aware of the stories that surround the number 402-935-7733 online. These are real-life stories and they have happened to many people already. So be sure to arm yourself with information and do the necessary actions to prevent from being scammed.
Phone Number Spoofing
- This scam is when someone spoofs a phone number that is of different owner or company. They will pose as that same company that you know and trust and will try to get all the sensitive information about your financial accounts. In this situation, it will be your PayPal account or your bank account linked to your PayPal account.
- This is the same as phone number spoofing. They will use a trusted name and pose themselves as that individual or a representative of that company. As a matter of fact, they can spoof anything even their IP address and location.
How Do You Protect Yourself From These Scams
There are ways to protect yourself. All you need to do is be vigilant and always act right away when something you feel or think is off. The response time to an issue is always crucial as it will dictate whether it is too late or just in time to save yourself from trouble. So if this scenario will ever happen to you, here’s my advice.
- If you see this phone number on your bank account statement, immediately make an inquiry about the charge. If you are not sure, always ask the customer service of the party involved. It will not kill you to ask important things such as stuff related to your financial account.
- If the charge is not familiar to you, report immediately to concern parties. In this case, it is to your bank and to the PayPal customer service. Keep in mind that you still have 21 days before the money that was charged from you will be reimbursed or retrieved.
File a dispute
- The best thing about PayPal is that you can always file a dispute when a transaction went haywire. That means, as the one paying, you are protected and you have the right to take back any money that way taken from your account.
My biggest reminder to you is that always make sure that all your account charges should be properly accounted for. If you are not sure about a charge, make an inquiry and make sure that it is legit. If you did not make such purchase or transaction, file the dispute right away.
The number 402-935-7733 is a real and legit merchant number of PayPal. That much is true. But as to how much a scammer is willing to do to do his scamming, every legal thing in his reach can be used to take advantage of the system.
Always be careful with your online transactions. If it is possible, always go for a physical cash transaction. As to your online shopping activities, if there is a choice for a cash-on-delivery scheme, go for that instead. But if you really need to pay online through online accounts, use your own and private internet connection.
Also, if you can, do not link your bank account directly to your PayPal account. Use a credit card for that. That is because, with a credit card, you still have time to cancel or file a dispute on any bad transaction. But with your bank account, chances are, the money has already reached the scammer and you won’t have anything to do about it.
What is your bad experience with PayPal? And what did you do to fix the problem? Do tell us in the comment section below so that other people could also be helped if they are experiencing the same problem.
If you have other concerns and questions, feel free to say it in the comment section as well. And do not forget to share this article with your friends just so they are aware of this issue.