PAYPAL SKYPE SCAM

Learn about the “PAYPAL SKYPE SCAM” charge and why it is showing on your credit card statement.

What is this charge for?

This charge is a type of fraud where scammers use fake or stolen PayPal accounts to trick people into paying for Skype credit or subscriptions. Typically, the scammer will send a message to the victim’s Skype account, pretending to be a representative of Skype or PayPal. The message may claim that the victim’s Skype account is suspended or that there is a problem with their payment information, and urge them to click on a link or provide their login credentials or credit card information to resolve the issue.

If you believe that you have been a victim of fraud or a scam, the first step is to contact PayPal and Skype directly to report the incident and request assistance. You may also want to contact your bank or credit card issuer to report the fraudulent charge and request a chargeback.

How to determine whether a credit charge is fraudulent or unauthorised?

  1. Merchant
  • Is the merchant’s name familiar to you, or does it look different from what you expect?
  • Does the type of product or service align with what you usually purchase?
  • Are there any complaints or fraud reports associated with the merchant?
  1. Amount
  • Does the amount match what you remember spending, or is it significantly higher or lower?
  •  Is it a duplicate charge?
  1. Date of occurrence
  • Does the date of the charge align with any known transactions?
  1. Potential recurring charge
  • Was this charge expected as part of a subscription or regular payment?
  1. Authorised transaction
  • Did you consciously make a purchase or subscribe to a service associated with this charge?
  1. Unauthorised charges
  • Have you provided your credit card details to anyone or any service that could lead to unauthorised charges?
  • Could someone else on your account have made the charge without your knowledge?

If you’re unfamiliar with the merchant and the transaction, it is likely a fraud or unauthorised transaction.

What should I do if I suspect fraud?

  1. Take note of the unfamiliar transaction, including the merchant’s name, the amount, and the date. Then gather documentation such as receipts, transaction confirmations or any correspondence related to the transaction in question.
  2. Call your bank or credit card company immediately to notify them of the suspected fraudulent charge. Ask them for a specific procedure for disputing the charge and request a fraud investigation.
  3. Secure your account by updating your online banking passwords, setting up alerts for new transactions, or freezing your credit.
  4. Check the status of your dispute and ask for written confirmation of the outcome.

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