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           With a BCP Loan                                         PayPal scams 2023





                                                                             ryony Benfield of Journo Research,  https://
                                                                             journoresearch.org, reached out to us, think-
                                                                             ing that as part of maintaining good rapport,
                                                                   B payments professionals might want to alert
                                                                   their merchant customers to the following PayPal scams
                                                                   directed at merchants selling on the platform:

                                                                      • Shipping address scam:  Scammers have a ton
                                                                        of shipping tricks up their sleeve to try and steal
                                                                        your money from PayPal.

                                                                        Unlike unsolicited emails that lead you to a fake
                                                                        PayPal site, these scam methods involve actually
                                                                        engaging with you on the real PayPal platform.
                                                                        If you sell items online, then you're the target
                                                                        audience for these scams.
                                                                      • Payment pending scam: A buyer will engage
                                                                        with you on PayPal to pay for an item you sell.
                                                                        They message you, claiming to have made the
                                                                        payment, but that PayPal won't release the money
                                                                        to you until you provide a shipment tracking
                                                                        number.

                                                                        The scammer wants you to ship the product and
                                                                        provide the tracking number before you get paid
                                                                        and if you do, the fraudulent buyer gets the item
                                                                        and disappears without paying.

                                                                   To avoid these scams, as well as those directed at
                                                                   consumers,  Benfield  advised  to  never  send  money
                                                                   outside PayPal if you transacted on the website; always
                                       BOCA                        use your own shipping method; only ship to the
                                       CAPITAL                     address on the Transaction Details page; only deal with
                                       PARTNERS                    verified buyers and sellers; be wary of email links and
                                                                   attachments; get a good  antivirus software;  and  only
                                                                   contact PayPal using the number listed on its website.
             Get a loan from $100,000 to                           What's resonating with merchants today?

           $5,000,000 for your ISO today                           In your day-to-day  interactions  with your merchant
                                                                   base and prospects, what approaches have you found
                                                                   to  be  most  effective  for building rapport? Is  offering
                                                                   advice on current business trends and problems useful?
                 Call Now: 844-531-4957                            Please let us know your thoughts on this and other issues
               bocacapitalpartners.com                             of interest to the payments community at  greensheet@
                                                                   greensheet.com.


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