Online payment gateways have become a common way to pay for services or to purchase products from the internet. There are many channels that can be utilized in this regard. One of the most reliable services to pay online is offered by PayPal.
No doubt, every online payment application has some risks that might be fearful for you. But this application is offering extra-ordinary security features to get reliable and comfortable. One of the main problems faced by people on this platform is to get surety about “Can I get a refund through PayPal if scammed?”
There are hundreds of answers full of confusing words and facts for this question. So, we have decided to write a comprehensive blog about PayPal, its working, its features, and the answer to this question. You should read this blog till the end to get a better response to this query and understand it.
Why PayPal is Considered the Safest Place to Pay Online?
The main question that comes to mind while considering PayPal is why we need to choose it. How PayPal is better than other payment channels like Payoneer, Skrill, and Western Union. No doubt, there are hundreds of payment transfer modes available on the internet and all of those have different drawbacks.
It is almost impossible to find an online payment method with 0% risk. So, you must be curious why we should go with PayPal then. The reason behind this selection is that PayPal is offering minimal risks as compared to other payment gateways.
According to a well-known cybersecurity company, PayPal has one of the finest methods to regulate its services. It has been given a positive rating by most cyber security companies around the world. Here we have enlisted a few security features of PayPal that will help you get an idea of why PayPal?
PayPal Security Features
In general, this payment platform has almost all the basic security precautions that other platforms have. But you will get some extra features on this platform that makes the cybersecurity platforms capable to give it an “A” rating for its security.
Two Factors Authentication Available
First of all, it keeps all the users protected from unethical access to their accounts that have become common. In this time of the internet, it is common to attack an account and check for loopholes to access the payment transfer accounts.
With its two-factor authentication, no one can access your PayPal account without your permission. It will always send you a text on your selected number as well as a code on your email.
Your account will be logged in only if you have inserted those codes inside the given section. Otherwise, your account will be restricted to be accessed from that device.
Like WhatsApp, PayPal also uses data encryption technology. It will help you to keep your transactional data as well as your personal information protected. The platform will never share your details with anyone even in case of emergency.
PayPal has one of the most effective customer care teams than other payment transferring applications. They will keep monitoring their services 24/7/365 to let you know if they have found suspicious activity in your account. All in all, you will be secured in every dimension while using PayPal to transfer money.
Can I Get a Refund Through PayPal if Scammed?
When it comes to learning “Can I get a refund through PayPal if scammed”, you will get two main conditions. So, we will discuss them here one by one for better understanding.
The main task that you might be performing using your PayPal account is for online purchases. Whenever you will buy something from an online marketplace, your money will be deducted from the account but will not be paid for a few days. So, if you have found damaged products, you can open a dispute within 180 days of the delivery of the products with PayPal. Your money will be refunded into your account and you will be in the safe zone.
Sometimes, you may pay some amount to your personal contacts for a mutual transaction or anything like this. In such a case, the money will be transferred instantly without keeping it in escrow. If you have been scammed in this kind of transaction, you may not be able to recover your money.
What is Peer to Peer Transaction?
It is a direct transfer of funds that you will make from your contacts. It means if you send someone money directly from your account, it will be called peer to peer transaction.
In the above blog, we have discussed comprehensively PayPal, its security, and other features. We have also answered the question, “Can I get a refund through PayPal if scammed”.