More than 224 million unique users from all around the world are currently using PayPal to transfer money from one account to another. Since it is such a huge platform, there are bound to be some doubts and queries amongst the users.
One such query which most of the PayPal users notice is the 402-935-7733 charge on their bank account statement. On closer inspection, it turns out to be PayPal 402-935-7733.
Since not many know the meaning of this entry on their statement, they usually panic and start calling their banks to know more about it.
To cut down on all this hassle, here we are with a complete explanation to ‘PayPal 402-935-7733‘ charge which is deducted from your account.
Why does ‘402-935-7733’ this charge appear on your bank statement?
There are several cases in which this number will appear on your statement. And they are:
1- If you make a transaction using PayPal, which means that if you send or receive money over PayPal, this number will appear on your statement.
2- Since you have linked your bank account to PayPal, it can make withdrawals from your bank account. However, it is only done when a person transfers money to your account by mistake and a complaint is registered by the sender.
3- If you have signed up for an online service such as Netflix, the bill will be generated and the amount will be deducted automatically from your account. Such transactions are also listed under ‘PayPal 402-935-7733’ this name.
To know the exactly details of every transaction made by PayPal, you can check your account summary on PayPal.
These were some of the reasons why you notice ‘PayPal 402-935-7733’ on your bank statement. Now that you know that you are not being scammed, you can patiently check with your PayPal account summary and know the reason ‘402-935-7733’ has appeared on your statement.
If you still have any queries or if you know of any other reason for this, then please let us know about it in the comments section below.