In the many years that I have been doing online transactions, I've gotten used to frauds and hacks but this one from Paypal (Unauthorized Transaction) is the biggest so far. Around 30 to 45 minutes later, I received an email from Paypal stating the transaction is valid. Paypal did not give any details why they decided against the claimant (me) and approved the transaction and closed the dispute. There have been multiple reports from different BPI account holders of unauthorized transactions (debit or deductions) in their personal savings account in the past few hours. With bank transfers, you may need to pay a fixed transaction fee for every PayPal withdrawal and that depends on the bank. Read more in our articles including "Disputing Unauthorized Transactions on Paypal" and "Multiple reports of Unauthorized Withdrawal Transactions with BPI".
In the many years that I have been doing online transactions, I've gotten used to frauds and hacks but this one from Paypal (Unauthorized Transaction) is the biggest so far. Around 30 to 45 minutes later, I received an email from Paypal stating the transaction is valid.
Paypal did not give any details why they decided against the claimant (me) and approved the transaction and closed the dispute. There have been multiple reports from different BPI account holders of unauthorized transactions (debit or deductions) in their personal savings account in the past few hours. With bank transfers, you may need to pay a fixed transaction fee for every PayPal withdrawal and that depends on the bank.
Our coverage of unauthorized transaction paypal includes: "Disputing Unauthorized Transactions on Paypal"; "Multiple reports of Unauthorized Withdrawal Transactions with BPI"; "Using PayPal on Mobile". Each article provides unique insights and information.