Is PAYPAL INST XFER EBAY 800-456-32 WEB ID: PAYPALSI7 on my credit card statement fraud?

November 18th, 2023

Have you checked your bank or credit card statement and come across a puzzling transaction called "PAYPAL INST XFER EBAY 800-456-32 WEB ID: PAYPALSI7"? In this blog post, we’ll break down what this charge is for, shed light on the company behind it, explore alternative transaction descriptions, and guide you through finding the corresponding receipts, so you can be sure this is a legitimate transaction and not fraud.

About PAYPAL INST XFER EBAY 800-456-32 WEB ID: PAYPALSI7

PAYPAL: This refers to the payment service used for the transaction.

INST XFER: This indicates that the transaction was made through an instant transfer.

EBAY: This refers to the company or platform related to the transaction.

800-456-32: This is the toll-free phone number associated with the transaction.

WEB ID: This refers to the unique identification number or code for the transaction.

PAYPALSI77: This is potentially an internal reference number or code provided by PayPal.

About eBay

eBay is an online marketplace that has been in business since September 1995. It provides a platform for individuals and businesses to buy and sell a wide range of retail products. Users can find new or used items, including electronics, clothing, home goods, collectibles, and more. eBay facilitates transactions between buyers and sellers through auctions or direct sales, allowing people to connect and trade globally.

Other ways this charge from eBay can appear

eBay transactions on your credit card statement can appear in various ways, depending on the specific transaction and how it was processed. Here are some common descriptors you might see for eBay charges:

It’s important to note that the exact descriptor on your credit card statement may vary, and these are just some common examples. If you ever have a question about a specific charge, you can usually find more details in your Amazon account’s order history or contact Amazon customer support for assistance. Additionally, always keep an eye on your credit card statements to ensure that all charges are legitimate.

How to Find Fraudulent Charges

We recommend you use a smart-tool like the app, SimplyWise!

It can be a lot of work to keep track of all the activity on your credit card/bank statement throughout the month, and apps like SimplyWise store and organize all your receipts and online transactions (including Amazon, Walmart, PayPal, and more!) to provide you with a complete and comprehensive view of your expenses as they occur.

Follow these simple steps to begin avoiding unauthorized charges and gaining better visibility into your spending:

Step 1

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

Step 3

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.

If there are transactions reported by your bank that SimplyWise does not recognize, you’ll see those marked with an alert (!) icon. If after reviewing these charges, you still don’t recognize them, it’s time to call the bank!