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ReadersSpeak
Unlock Your
Growth Potential
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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