

Here are the most common PayPal scams to watch out for in 2023. This is what’s known as a “phishing scam.”īut there’s more to the scams than just a fake Paypal website. If you submit personal information on a spoofing website, the scammers record your information and then use it to access your account on the legitimate PayPal website. Scams often involve spoofing websites, or websites designed to look like PayPal. If you learn how fraudsters usually operate on PayPal, you’ll be better protected if they ever target you. Scams may differ per platform, so popular scams on Facebook and Instagram aren’t necessarily the same as on PayPal. There are endless ways for scammers to try and separate you from your money. Over 400 million users make billions of transactions each year via Paypal. 11 Most Common PayPal Scams to Look Out For
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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.
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