![]() “Unusual activity” scam texts will falsely notify you that “unusual” activity has taken place on your account, and might instruct you to enter your details to confirm your identity as the account holder.Īs we've mentioned, you can report these scams – as well as other scams – to Random PayPal Security Codes “Your account has been restricted” is also a common variant of this format used by scammers.įraud alert scam texts will try and scare you into quickly clicking a link contained within the message by suggesting your account has been involved in some sort of fraud, or fraudulent payments have been sent from your account. ![]() “Your account is suspended/blocked” scam texts will tell you that your account has been suspended, and you need to log in to either re-verify your details or withdraw your money from the account. Order confirmation scam texts will tell you that an order has been placed using your Paypal account, and you can check the status of the order by logging into your PayPal account via a link. They're all designed to try and coax you into handing over your login details. How to Protect Yourself From PayPal ScamsĪll PayPal scams follow a similar format and will try and inject a sense of urgency into your decision-making, but there are a variety of different types of PayPal scams.Receiving Random PayPal Security Codes: Change Your Password.Playing Along With a PayPal Text Scam: What Happens.We explain what to watch out for with PayPal phone scams as well as other Paypal scams – but we'll also show you what happens when you play along, so you can see how it works in practice. Scammers frequently attempt to leverage the popularity of PayPal by sending imitation emails that claim to be from the company, and the same principle is regularly used via text messages. PayPal scams are increasingly common, with the fintech giant the go-to system for making payments over the internet. A text message falsely warning that you've sent money to an unknown recipient via PayPal is doing the rounds once more, and if you follow the link provided to query this, you'll end up handing over your financial details to a scammer. While new PayPal text message scams crop up almost every month, fraudsters sometimes revert back to tactics that have previously proved successful.
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