TL;DR: The best way to protect yourself against PayPal scams is with a powerful password manager like NordPass.
NordPass Family Premium (2-Year Subscription)
The online world is full of wonderful things. You can pursue your passions with seemingly endless resources for learning, watch engaging content from all around the world, and play silly little games for free.
It's not all good though, because the online world is also full of threats like hackers, viruses, and scams.
What is a PayPal scam?
A PayPal scam is a fraudulent scheme aiming to deceive users. These common PayPal scams can result in financial loss or stolen personal information:
- False PayPal invoice scam — These scams involve receiving fake invoices or payment requests that appear to be from PayPal. Scammers use this method to trick users into making unauthorised payments.
- PayPal password reset scam — These scams involve fake emails or messages claiming to be from PayPal. Users are often requested to reset their passwords by clicking on malicious links, leading to compromised accounts.
- PayPal order confirmation phishing scam — These scams copy legitimate PayPal order confirmation emails to trick users into clicking on malicious links or providing personal information.
- PayPal invalid shipping address scam — These scams target sellers by sending fake payment confirmation emails with altered shipping addresses. The goal here is to trick the target into shipping goods to the wrong location.
Being aware of these common scams is a good place to start. But if you want another layer of protection, you should consider investing in a password manager.
How to avoid PayPal scams
It's always good to be cautious of unsolicited emails or messages claiming to be from PayPal. But to bolster your online security to avoid falling victim to PayPal scams, using a strong password manager is highly recommended.
Password managers can help to avoid PayPal scams by providing unique passwords, detecting phishing attempts, and simplifying the login process for PayPal.
What is the best password manager for PayPal?
There are multiple password managers that can reliably protect against PayPal scams, but NordPass might be the best.
NordPass is a smart and cost-effective choice for securing your family and friends’ online lives, with plenty of benefits besides generating and storing unique passwords:
- Simple Sharing — Securely share login credentials, payment card data, WiFi codes, and personal information with contacts.
- Breach Detection — Get real-time notifications if your information is exposed in a data leak.
- Device Compatibility — Compatible with multiple platforms and browsers, so your family can access their passwords no matter the device.
A two-year subscription to a NordPass Family Premium Plan is on sale for £53.73, saving you 54% on list price. This plan lets you connect up to six accounts, and comes with a generous 30-day money-back guarantee.
Protect yourself against PayPal scams with NordPass.