Is "PAYPAL INST XFER ADOBE INC WEB ID: PAYPALSI77" fraud?

Written by Caleb Martin

June 18th, 2024

Medium Risk

What is "PAYPAL INST XFER ADOBE INC WEB ID: PAYPALSI77"?

Adobe Inc. was founded in December 1982. It is a multinational computer software company headquartered in the United States. Adobe provides a wide variety of software products ranging from multimedia and creativity software to marketing and web development software. Some of its most prominent products are Adobe Acrobat, which is used to create PDF files, Adobe Photoshop, a graphic editing program, and Adobe Creative Cloud, a collection of software used for graphic design, video editing, web development, and photography.'

PAYPAL INST XFER: This indicates that the transaction was done through a PayPal instant transfer.

ADOBE INC: This is the name of the recipient or the company the payment was made to, in this case, Adobe Inc.

WEB ID: This represents the specific identification number or code for the transaction made online.

PAYPALSI77: This could be a reference or tracking number for the transaction within PayPal's system.

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

Step 1

Connect your email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

Step 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

Step 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.