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This appears to be fraudulent! We know of nothing remotely like "WAN XING <removed>" and will report the fraud to Pay Pal -- if that is possible!
I was investigating this as well.
The price I was charged ($69.95) matches up well with some software I bought (Dr. Fone) to try to restore my iPhone firmware to an earlier iOS version.
Word to the wise: it didn't work, so I can't endorse the software. But it didn't appear illegitimate.
I dont know who "he" is - but I just got a charge for $74.94 on my card - and I just ordered/paid that exact amount online for Filmora X for Mac - Perpetual Plan - so I am assuming he's the company or person that I ordered it online....it's through http://www.iskysoft.com - if that helps at all