Remember way back when, when you signed up for Paypal, and you had to provide a bank account or credit card as a backup billing method? That’s what that charge is. This is how it appears on your bank statement or credit card transactions when you pay for something via Paypal, or something is otherwise charged to your Paypal account (such as through an automatic transaction, or using your Paypal debit card, for example), and you don’t actually have enough in your Paypal account to cover the charge.
❝If you have been reviewing your bank records or credit card statement, and have found what you believe to be an unauthorized charge or charges that shows “Paypal” and the phone number 40, take a deep breath, and relax. If you don’t have a PayPal account, or haven’t used it recently, please follow the steps to report an unauthorized transaction.❞Īn explanation that seems even clear is from a different page on the PayPal Community website: Check your account statement with your most recent PayPal history. You may also see this phone number, which is a phone number associated with PayPal Customer Service, if the Merchant you’re shopping with uses PayPal as their credit card processor. When making a purchase with PayPal, the charge may appear as “PayPal” along with the number 40 on your bank or credit card statement.
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