Paypal is a financial services platform that allows people to transfer, send and receive money from other people anywhere in the world. PayPal was founded in 1998 and, since then, has made online payment affordable and convenient for people around the world. With an old and vast financial company, fraudulent behaviour can be frequent in number.

In this article, we will discuss why you are seeing a 402-935-7733 charge on your credit card bill or bank statement from PayPal.

Also read: How to fix Paypal error 54113?

What does the 402-935-7733 PayPal charge mean?

You may have noticed this charge cropping up in your credit card statement with PayPal as the payee. These digits may appear with or without hyphens. With the increasing number of fraud cases every day, it can be hard to detect when hackers get to your account, except when you notice a large sum missing.

Not to worry about that in this case. This charge is not a spam number, and it only appears when you have been charged for a payment processed by PayPal. This number is PayPal’s customer service number. If there is a name next to this number on your bank statement, it might be the shopkeeper or merchant who has processed your purchase.

What causes the 402-935-7733 charge?

This number indicates that you have made a payment using PayPal. It can also mean that the vendor you purchased from uses PayPal to process their online transactions. There are several situations in which this number may appear on your credit statement:

• If you have tried to use your PayPal wallet to make a transaction but did not have enough money, PayPal will charge your credit card. This is in case you have a card linked to your PayPal account.
• The charge could indicate the merchant’s PayPal activity if you don’t have a PayPal account.
• You might have given someone your card or let another person use your account to make an online payment.

You can check your bank statement to recheck if you have made any recent PayPal transactions. Try to recall if you made any payment using PayPal or if the website you made a purchase from mentioned PayPal.

Also read: How to fix error code 232011? 

Checking for fraud

In case you do not have a PayPal account and cannot recall any payment related to PayPal; you can report this activity to PayPal’s resolution centre. Here, you can report any unauthorized payment by following the steps given on their website. You will have to log into your account, head to the resolution centre and report a problem. You can do this on the web or on the PayPal app.

With a scam waiting to happen around the corner, one must be vigilant of any malicious activity. If you cannot find a reason for this number 402-935-7733 to appear on your card statement, then you should contact PayPal.

Also read: How to close your PayPal account?