Fraud and privacy are of utmost concern in the present world. So, you might be alarmed to discover a transaction on your credit card statement that you don’t recognize. Today, we’ll discuss what it means if you see the number “402-935-7733” or “4029357733” on your credit card or bank statement, and assist you to determine whether this can be a legitimate or suspicious charge, and the right next steps.
What is 402-935-7733 or 4029357733?
402-935-7733 is the consumer support contact number for PayPal and is shown on your credit card or bank statement whenever there’s a new charge for a purchase that is processed through PayPal. The contact number might be shown with (402-935-7733) or without (4029357733) the hyphens, depending on your credit card company.
Like, below is just a screenshot from an American Express credit card statement showing PAYPAL * XXXX and the contact number 4029357733. XXXX is often the name of the merchant who used PayPal to bill your credit card account.
What is 2211 North First Street, San Jose, CA 95131 US?
You may also see an address listed as 2211 North First Street San Jose CAUS, along with the charge. Sometimes, the ZIP code 95131 can be included. This address may be the headquarters of PayPal and is shown on your credit card or bank statement since the transaction was issued by PayPal. This address alone does not provide any additional information on the merchant which in fact received your funds.
Is 402-935-7733 or 4029357733 a legitimate or fraudulent charge?
In nearly all cases, 402-935-7733 or 4029357733 on your credit card statement is a legitimate charge, and there’s no have to be alarmed. It’s typically an on the web purchase you made by way of a website that uses PayPal (eBay, for example), but since the merchant name is not listed with the charge, you may not immediately recognize the charge as something you authorized.
Many merchants, especially those who conduct business online, use PayPal as a payment processor. What this means is that after they collect money from their customers, PayPal acts as a “middleman” to transfer the amount of money from the consumer to the merchant. Consequently, customers start to see the name and contact information from PayPal on their credit card or bank statement and not the actual merchant’s name.
Oftentimes, PayPal may also indicate the name of the merchant when they charge your credit card. In the example screenshot above, the merchant name is shown in the region shown as “XXXX.” However, this information could be difficult to decipher, since the merchant name is oftentimes shortened, abbreviated, or completely different. Oftentimes, the name of a website or online store could be completely distinctive from what’s shown on the statement , especially if you purchase products from small vendors or from overseas, where in actuality the name shown can oftentimes be an individual’s name.
In other cases, you might have intentionally used PayPal to cover a business or an individual, thinking whatever PayPal balance you had in your account would cover the payment. If you store your credit card or bank account information in your PayPal account, however, PayPal may automatically charge your credit card account to cover the shortage. We have added recently Zulily Credit Card.
Needless to say, there’s always the likelihood that someone used your credit or debit card number to make a fraudulent purchase through PayPal, where case the charge is not legitimate and should really be disputed together with your credit card company or bank (see bottom of the content on instructions for how exactly to dispute).
How to determine if 402-935-7733 or 4029357733 is legit or a scam
Particularly when it’s been a while because the charge hit your credit card or bank statement, normally it takes a little bit of detective work to determine if the charge is legitimate or fraudulent. The first step is to see if you might have overlooked a purchase you legitimately authorized, but have forgotten about.
Remember, the charge is shown as originating from PayPal, nonetheless it more than likely to truly be originating from an on the web seller that you purchased something from. Here are a few steps you can try to see if you may recognize the charge :
- Think back on the timeframe once the charge hit. Were there any big events (e.g. weddings, travel) that may have required a specific kind of purchase?
- Search your email for any purchase receipts on or before the charge date. Oftentimes, a merchant will charge your account on the ship date and not the purchase date, so be sure to search several days ahead of the charge date. If your email inbox has a search function, search for keywords such as instance purchase receipt, purchase confirmation, order receipt, order confirmation and PayPal.
- Maybe you have made any donations to anyone lately? Many nonprofits and individuals uses PayPal to get donated funds. This can be especially likely if the charge amount involved is a circular number like $25.00 or $50.00. Merchants, on the other hand, will typically charge sales tax and other fees to help make the amount seemingly “random.”
- Log into your PayPal account to see when there is a corresponding charge with the same date and amount. Usually, a more in depth description of the purchase, including the merchant name and contact information is listed and will give you more information.
- If you are using eBay, log into your eBay account to check on for any purchases you made with the same date and amount.
- Consider the total amount charged. Is it a big amount or a bit? Small amounts are less commonly fraudulent (criminals are looking for a bigger payout) and could be easy to forget about. A large amount that you still don’t recognize could be a red flag.
What to do if you still don’t recognize the 402-935-7733 or 4029357733 charge
If, after going through the steps above, you still don’t recognize the charge amount and date, you might have been at the mercy of a fraudulent or scam charge. In this case, your next steps would be to contact either your credit card company or bank to file a dispute. When you yourself have a PayPal account, you can also submit a dispute directly throughout your PayPal account. Click here to find out how exactly to dispute a transaction through PayPal.
They certainly were a few reasons why you see ‘PayPal 402-935-7733‘ on your bank statement. Since you understand that you are not being scammed, you can patiently check together with your PayPal account summary and know the reason why ‘402-935-7733’has appeared on your statement.
If you still have any queries or once you learn of every other reason with this, then please let us learn about it in the comments section below.