The cyber frauds are on the rise, and anyone can fall prey of these frauds. You need to be very careful while using digital currency or while using plastic money. It is always essential to keep reviewing your text messages as well as the card statements. If you have noticed a charge with the number 402-935-7733 or 4029357733 on your credit card or the financial statement and if you are trying to find out more about it then you are at the right place. We are here to help you with your queries regarding this transaction.
What exactly is 4029357733 or 402-935-7733?
If you are not aware of these two numbers, then let us tell you that they are the customer support numbers for PayPal. If you have any transaction that is processed via PayPal, then there are chances that the number will be shown. In addition to this, the transaction description also depends on your credit card company or the issuer. If any merchant is using PayPal to process a transaction on your card or if you are using your card to make payment via PayPal, then the transaction will be reflected via this number and the keyword PayPal.
In most of the cases, the address of the headquarters of PayPal is also included in the description. If your credit card company shows the address of the merchant, then the statement will show 2211 North First Street, San Jose, CA 95131. This is also the address of the headquarters. It doesn’t have the address of the merchant, but it is the address of PayPal. So, do not get confused between the two transactions.
So, is 402-935-7733 PayPal charge a legit transaction?
You should be able to answer the question for yourself. Try recalling if you made any purchase with the payment merchant as PayPal. Did you pay any of the online merchants, or did you pay any other entity whose transaction was processed through PayPal? If you are not able to immediately recognize the transaction, you might want to match the invoice amount. Try and recall if this amount was paid for any service or product. Since the merchant name is not listed with the charge, you will have to depend on your memory or the messages on your phone.
In most of the cases, 402-935-7733 PayPal transaction is legit. You would need to recall where you made this transaction. Remember that PayPal is a financial intermediator that processes the transactions. These days, PayPal has also started including the name of the merchant in the statement. The name of the merchant helps you in quickly identifying the transaction. In some of the cases, the merchant name is shortened by banks, and this can get difficult to understand. There are cases when the merchant name is the individual name, and this is especially true if you have made payment to any freelancer.
In the case of oversea transactions, the name can vary depending on the merchant on the individual registration. If you have saved your credit card details on the PayPal account, then there can also be a case where you tried making the transaction with the PayPal account balance, but the transaction has been processed via credit card because of the lack of funds.
I do not recall making any transaction via PayPal. What shall I do?
If you do not recall making any transaction via PayPal, then the first thing that you must do is that you must contact your card issuer. There is always a possibility of someone misusing your card to make unauthorized transactions. You can call the credit card company and raise a dispute on the transaction that you are concerned about. Most of the financial institutes would also allow you to submit a dispute without having to call them. However, before raising a dispute, you might want to spend some more time figuring out if the charges are legitimate or not. Follow some of the points listed below to investigate into it.
- The first point here is to understand the time frame of the transaction and try to recall any significant event during that time frame. Try and remember if any of those events required a purchase that you might have made via PayPal.
- You must also search your emails as well as text messages to understand the transaction. Do not restrict the scope to the date of transaction only. Ideally, search one week before the transaction, and this will help you in understand if there was a transaction made via PayPal. You can also check your application and OTT subscriptions. It will help you in finding the receipts. Do not forget to check the junk folders of your email boxes.
- You can also login to your PayPal account as the PayPal account will usually have the details of the transaction. You might be able to find about the exact date, merchant and the contact number for the transaction. You can even raise a ticket with the PayPal customer support team, and they will help you in finding more information regarding the transaction.
- It is also worth checking the eBay account and other such websites. You can check the purchase history on these websites, and you will get an idea if the transaction was made via these platforms. Also, understand that the small amounts are less likely to be a fraud; however, the significant amount is undoubtedly a red flag.
How do I Report the charge?
As mentioned earlier, the first option is to call the customer services of the bank and get support from them to dispute the transaction. It may even be worth blocking the card to prevent further transactions. Alternatively, you can log in to your account, and you can raise a dispute via the application or the website. All these options are available on the homepage after the login. You must also submit a dispute through PayPal account, and this approach will help you in getting a quick resolution.
What Next?
After raising the dispute, the bank will credit the amount back to your card and start the investigation. Post investigation, the charges will be cancelled, or you will be billed for it. You can even involve the cybercrime branch of the law enforcement agencies if you are concerned about the transaction.
Veeramachineni Lalitha
I am Finance Content Writer. I write Personal Finance, banking, investment, and insurance related content for top clients including Kotak Mahindra Bank, Edelweiss, ICICI BANK and IDFC FIRST Bank. My experience details : Linkedin