New PayPal scam: What you need to know! | Servicezeit WDR

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Caution: A new scam involving PayPal is circulating. If scammers have access to your email address and IBAN, they can make payments through PayPal's 'Guest Account'! ⚠️ This is exactly what happened to a man from Paderborn. We will show you how the scam works, what PayPal is doing about it, and what safer alternatives to PayPal are available.

00:00 – New PayPal scam involving 'Guest Account' and inexplicable PayPal direct debit
01:15 – Scam victim discovers mysterious orders and PayPal's refusal to debit funds
02:15 – Difficulty contacting PayPal and dealing with debt collection demands
02:43 – PayPal's statement
03:05 – PayPal scams involving 'Friends and Family'
03:45 – Alternatives to PayPal: Wero and real-time transfers as safer options
04:45 – Tips from consumer protection agencies: What to do in case of fraud
05:17 – Happy ending for Kristian – but he mostly moves away from PayPal

Note: This video is a segment from the program 'Servicezeit' and first aired on January 15, 2025 on WDR television.

Consumer content from all ARD broadcasting channels will be consolidated here in this channel.

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Author: Daniela Fonrobert; Thomas Müller
Image source: IMAGO/SOPA Images/Bihlmayerfotografie; COLOURBOX

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#scam #paypal #financialtips #consumerprotection

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