Is "PAYPAL INST XFER MICROSOFT WEB ID: PAYPALSI77" fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "PAYPAL INST XFER MICROSOFT WEB ID: PAYPALSI77"?

Microsoft Corporation was founded on April 4, 1975. It is known globally for manufacturing, licensing, supporting, and selling computer software, consumer electronics, personal computers, and related services. Some of its most renowned retail products include the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Microsoft also produces a range of hardware products such as the various models of the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers.'

  • PAYPAL: Indicates that the transaction was processed through PayPal.
  • INST XFER: Denotes an instant transfer of funds.
  • MICROSOFT WEB ID: Identifies that the transfer is related to Microsoft, possibly a purchase or payment for a service on a Microsoft website.
  • PAYPALSI77: Represents a unique identifier or reference code for the transaction.

    • 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.
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