Any kind of basic anti-fraud settings?

[johnelle]

Like most folks we only keep a Paypal account for small purchases and if one looks at our account history there is rarely anything over $50.  For this reason our bank set-up an account that is only used for Paypal and has a minimal balance.  This week some Chinese operation started charging $2700 transactions two per day.  We caught it after 5 transactions but not before accumulating a bunch over balance charges on the bank account.  Paypal has not actually said if they will reverse the Paypal charges although they are so obviously fraudulent.   

I went looking for any kind of limits you can set on an account and didn't find anything.  For example I would never charge more than $100 to Paypal.  Is there any way to set limits since PayPal clearly has no anti-fraud capability of their own?

[Aarc123]

Hi @johnelle,
Thanks for your post and welcome to the community.
I understand that you are looking to set limits for the transaction as you do not wish to get charged and to avoid any fraud. I would request you to follow the below steps on how to set up limits for the transaction.
Go to https://www.paypal.com.
Click Activity.
Click the name of a transaction.
Click Details.
Click View payment agreement.
Click Edit Billing Limit.
Enter a limit amount and click Save. If you wish to report any scam, please click here as we have dedicated team who can investigate and assist you further. I hope this information helps.
Aarthi

[johnelle]

Don't think is what I asked for.

I am looking to set a HARD LIMIT on ALL transactions thru Paypal.  I want to be able to say that nobody can charge me more than $50 (or so) for ANY REASON.   This is necessary because PayPal doesn't seem to look at spending patterns for "fraud detection (sic)"

[PayPal_Olivia · Accepted solution]

Hi @johnelle,

Thank you for the clarification. I regret that the feature you're describing is not available. I'm sorry for the inconvenience.

Olivia