PayPal is now one of the biggest multinational financial companies operating in several countries all over the world. It’s a site that offers a safe and secure have for trading and other financial transactions.
Customers are able to make quick payments with just a single login rather than entering their credit card number, expiration date, security code, and billing address every single time.
Since it has accumulated several customers who desire to use PayPal due to the fact that it is relatively easy to integrate into an existing checkout page, most e-commerce merchants now offer PayPal as one of the available methods of payment along with visa and MasterCard.
Can you get scammed by PayPal?
Though PayPal offers all these unique merits for its customers, it still has one of the basic problems of all credit card services. That’s the issue of fraud and scammers.
Yes, you can get scammed on PayPal. In fact, some of these fraudsters have come up with several means to scam out of your money on PayPal.
Among others, they can scam you by giving you a fake address, waiting patiently for it to be flagged as invalid and then proceeding to give you their valid address.
After sending the package, they then flag the product as never delivered costing you have to refund them the full amount of the purchase while they still keep the product.