I have been contacted by Paypal, but the transaction is Fishy!

zedkhan27
Contributor
Contributor

A buyer supposedly made a purchase of my artworks on Paypal and made a payment of $250 usd. But since my account was limited, Paypal asked the buyer to make an additional $300 to convert my Paypal account into a business account. In which I have to make a $300 refund to the buyer and submit a screenshot of the transaction to Paypal before the total of $550 usd will be deposited to my account! Is this transaction legitimate and coming from Official Paypal sources or just another Scam???

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kernowlass
Esteemed Advisor
Esteemed Advisor

@zedkhan27 

 

100% SCAM.


You never pay any upfront fee as a seller or to receive funds.

Ignore scammers that send fake Paypal emails telling you that you need to pay an upfront fee to verify/upgrade to a business account/or any other reason to accept a payment.

You would certainly never have to send funds especially via another payment processor/bitcoins/ or tokens/vouchers of any sort.

Any fee is auto deducted by Paypal at the same instant the remainder of the payment is credited to your Paypal account balance.

No funds in your balance = you have not yet been paid, even pending/held payments will still show in your Paypal account activity.


Advice is voluntary.
Kudos / Solution appreciated.

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Solved

kernowlass
Esteemed Advisor
Esteemed Advisor

@zedkhan27 

 

100% SCAM.


You never pay any upfront fee as a seller or to receive funds.

Ignore scammers that send fake Paypal emails telling you that you need to pay an upfront fee to verify/upgrade to a business account/or any other reason to accept a payment.

You would certainly never have to send funds especially via another payment processor/bitcoins/ or tokens/vouchers of any sort.

Any fee is auto deducted by Paypal at the same instant the remainder of the payment is credited to your Paypal account balance.

No funds in your balance = you have not yet been paid, even pending/held payments will still show in your Paypal account activity.


Advice is voluntary.
Kudos / Solution appreciated.
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zedkhan27
Contributor
Contributor

Thanks for the Info! Really appreciate it.

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