Since cash is almost a thing of the past and our credit cards are so far away from the couch, digital payments have become increasingly popular. Nowadays, financial technology is at our fingertips, making payments way easier and accessible at any time. PayPal is one of the most prominent players in the game. This American multinational company is an electronic alternative for online payments and money transfers. However, with that popularity comes new opportunities for scammers. If you're not careful, it's easy to get taken advantage of. So how do you stay safe when using digital payment methods like PayPal?
There are several scams utilizing payment apps, such as Cash App frauds, Venmo scams, and Zelle schemes. Scammers take advantage of consumers' unfamiliarity with these technologies or their carelessness in their use, leaving them open to theft.
Let's Back Up: What Exactly is PayPal?
PayPal is an online payment system that allows you to make and receive payments. It's similar to using a debit card but without a bank account. You can use PayPal to complement your existing bank account or credit card.
How To Avoid Getting Scammed from PayPal
Security Browser Extension When browsing the internet, you may encounter phishing sites attempting to get your personal information or take control of your device. These websites are often found when clicking on links in emails, social media posts, popups, and advertisements. While hackers have become good at making these sites seem authentic, Guardio does an even better job revealing the truth. In addition to using ostracizes like other anti-phishing software, Guardio has its in-house technologies created by our security team to improve the detection of phishing and other criminal domains.
You can also use Guardio's security extension to help protect you from online threats. Guardio is different from other solutions because it detects potential threats before they even reach your browser - most other protection only works after you've been hacked. With Guardio installed on your device, you're immediately protected against any type of hack. Using Guardio is free; you can get started by installing it here.
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Guardio is a Chrome extension that monitors suspicious activity and blocks hackers from stealing your data.
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How does Guardio work?
Guardio is a security browser extension that helps protect people when browsing the internet. It also has identity monitoring, which can be used on any device. This improves people's online time by struggling against current dangers and developing a more secure environment.
We use web browsers to store crucial data, such as text messages, bank login information, passwords, addresses, etc. Therefore, we need a dependable product to protect us against new online threats. Guardio is different from other solutions because it detects potential threats before they even reach your browser - most other protection only works after you've been hacked. With Guardio installed on your device, you're immediately protected against any type of hack. Using Guardio keeps your online activity and data safe, deters malware and scams, and receives immediate alerts when your information is threatened.
Tips to keep your data safe when using Paypal
- Don't click on links: Always log in to your account directly by going to the website.
- Be careful with fake websites: Look at the URL to see if it's spelled correctly, and check for the green lock icon in your browser's address bar. You can also use Guardio's security extension to help you stay safe when browsing the internet.
- Paypal will never ask for your password: Do not give out your password to anyone.
- Create strong passwords: Don't use words like your name or address to avoid being guessed easily.
- Use a VPN when using public Wi-fi: A VPN will encrypt your internet connection and help to keep your personal information safe from hackers.
- Update your browser: Always keep your browser up-to-date to help protect yourself against the latest online threats.
- Install security software: To help you stay safe when surfing the web, use Guardio's security extension.
- Back up your data: You'll be able to restore your data from a backup.
- Two-Factor Authentication: When you log in, this adds an extra level of protection by requiring you to enter a code in addition to your password.
Run a free security scan in a few clicks
Guardio is a Chrome extension that monitors suspicious activity and blocks hackers from stealing your data.
Verified by Google Chrome.
Instant Results.
4.6/5 based on 3,127+ Trustpilot reviews
Type of PayPal Scams
Scammers can be devious and plausible, but their ploys usually have similar elements that make them easier to spot. Here are some of the most popular:
Unsolicited payment or transfer request scam
Many scammers create profiles that pose as real individuals or businesses. If you accept the scammer’s request and send them money, be sure to report the incident to PayPal.
Fake invoice or receipt scam
If you come across an invoice or receipt that looks legitimate but includes payment information for a PayPal account that doesn't belong to the company, it's likely a scam.
Password reset request scam
In this scam, you will get an email that looks from Paypal to reset your password. It will include a link that takes you to a fake website.
Fake fraud alert scam
This scam usually starts with a phone call from someone who claims to be from PayPal or through a phishing email. They will ask you to provide sensitive information.
Fake charity scam
This scam usually starts with an email or social media post that asks you to donate to a charity. The message will include a link that takes you to a fake website.
Hacked account scam
If you get an email from PayPal that says your account has been hacked, it's probably a scam. This is a phishing email designed to steal your information.
Shipping address scam
If you click on a link from a scammer who claims to be from PayPal, they will have full access to your account if you provide them with your shipping information.
As you can see, there are many different types of scams out there. But, if you're aware of what to look for, you can avoid them. And, if you fall victim to one, be sure to report it to PayPal so they can help investigate and take action against the fraudster.
You should now better understand how to avoid getting scammed by PayPal. PayPal is a secure way to send and receive money online. However, there are still some risks associated with using PayPal. Following these tips can help protect yourself from being scammed by someone using PayPal. Always be vigilant when using any online service and report any suspicious activity to the proper authorities. Guardio can also help you stay safe when browsing the internet and will alert you of any potential threats.
Run a free security scan in a few clicks
Guardio is a Chrome extension that monitors suspicious activity and blocks hackers from stealing your data.
Verified by Google Chrome.
Instant Results.
4.6/5 based on 3,127+ Trustpilot reviews