Have you seen this phone number 402 935 7733 on your bank statement? Considering your monthly purchases and transactions, this number may seem unfamiliar to you, and you may think you’re being scammed.
But don’t jump to conclusions just yet; it may not be what you think. 402-935-7733 number is the merchant number of PayPal. (On the PayPal user agreement, it is in section 12: ‘Unauthorized Transactions’ as a PayPal customer service number.)
The next thing to ask yourself is whether you have a PayPal account. If you do, don’t worry too much. But you should be concerned if you don’t have a PayPal account or haven’t used it during the period, but this number also appeared on your bank or credit card statement.
What Is This Number?
This is the number on your bank statement or credit card transaction details when you pay for something using PayPal or when something is charged using a PayPal credential.
When you sign up for a PayPal account, you must provide a bank account or credit card as a backup method.
This number appears when PayPal uses the specified backup billing method when you don’t have enough money in your PayPal account or credit card. It is a merchant number used by PayPal for identification.
However, suppose you don’t have a PayPal account or don’t remember ever having made a transaction that corresponds to the one in your bank credit card statement. In that case, you should immediately contact your bank, as this might be a fraud.
How Safe Is it?
Safety cannot be guaranteed. Technology makes it possible for a phone number to spoof another, and the PayPal merchant number, 402-935-7733, is not an exception. Any online entity can use it as its merchant number for fraudulent purposes.
It would be best to keep yourself aware of number-spoofing and similar incidents so that you don’t become a victim to one yourself.
Here are some phone number-related fraudulent activities that can happen with your credit card or Paypal account. Ensure you’re well-equipped with this information to prevent yourself from being scammed.
1. Phone Number Spoofing
This happens when some person or entity spoofs a number of a different person or company. Posing as that company, they will try and extract your private and sensitive information related to your bank account and transactions.
In this scenario, they will try to extract information related to your PayPal credential or the linked bank account having a credit card. This is done to create a fraudulent charge on your name.
2. Name Spoofing
This is similar to phone number spoofing, except they use the name of a trusted entity and pose as a representative of that entity (e.g., An online company) to extract private details about your finances and transactions. This is very easy to do, and they can even spoof their location and IP address to make it all the more convincing.
How Do I Protect Myself From Such Scams?
With the proper steps, you can prevent yourself from being the victim of these scams. It would help if you always were cautious and vigilant and thoroughly checked your bank & credit card statements for possible suspicious activity.
The response time to such activity should not be extended as the longer you delay, the more you might get entwined in this. Be quick to call your bank and customer service so you can be safe in the future.
When in doubt, it is always wise to call customer service for help. Even if it is the tiniest hint of suspicion, contact customer service and get it cleared to be sure.
If it is ignored, it may become a huge problem that you may not be able to solve in the future.
So, it is always better to alert the parties involved. Call customer service if you want to inquire about any suspicious activity or an unauthorized transaction in your PayPal account.
Before doing so, ensure that the Pay Pal transaction you’re reporting is not just a recurring payment or subscription you’ve forgotten about. It should be a legitimate inquiry. You can also call customer service at 402-935-7733
One great thing about PayPal is that you can always file a dispute if you notice an unauthorized transaction.
This means, as a PayPal user, you have protection and the right to get money back that was taken from your account in an unauthorized manner.
Be Aware, Be Alert
Check your account with your credit card company regularly for many legitimate charges. Always make sure all your account charges are always accounted for.
Whenever you receive your bank credit card statement, please go through it with full concentration and ensure all transactions are familiar.
402-935-7733 is indeed a legitimate merchant number of PayPal. But always be aware that an online scammer can go to any lengths to dupe you and take advantage of your credit card.
If you notice anything out of the ordinary or any fraudulent charge in your eBay account, inquire about it immediately, inform the concerned parties, and, if necessary, file a report.
As far as possible, opt for transactions by cash as guided by the credit card company, unless necessary. If you are online shopping and have a cash-on-delivery option, go for that instead of online payment.
If you have to pay online, use your private internet. This way, you will fully control your transactions using an eBay account.
Also, don’t directly link your PayPal account to your bank account. Use a credit card or debit card instead. This is because you can still cancel an unauthorized transaction from your credit card or debit card.
On the other hand, with your bank account, the money will directly reach the scammer, and you won’t be able to do anything to stop it or put any legitimate charge. So make sure you take the necessary steps to use Paypal and prevent yourself from being a victim of this.