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PayPal states the Seller Protection Policy is "designed to protect sellers against claims by buyers of unauthorized payments and against claims of non-receipt of any merchandise". The policy includes a list of "Exclusions" which itself includes "Intangible goods", "Claims for receipt of goods 'not as described ' ", and "Total reversals over the ...
Venmo and PayPal offer purchase protection against fraud or broken items, but you must select the online purchase option when you send payment, and the dispute process can take a long time.
Robocall Scams. These scams use automated calls with pre-recorded messages to target potential victims. Answering a robocall puts you at risk of scammers stealing your personal or financial ...
John Kim, chief product officer for PayPal, spoke with The Associated Press about how the company is using the early proliferation of artificial intelligence technologies in its business, as well ...
Phishing. Phishing is a form of social engineering and a scam where attackers deceive people into revealing sensitive information [1] or installing malware such as viruses, worms, adware, or ransomware. Phishing attacks have become increasingly sophisticated and often transparently mirror the site being targeted, allowing the attacker to ...
Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal. The Payment Card Industry Data Security Standard (PCI DSS) is the data security standard created to ...