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Do You Have a Charge from 402-935-7733 via Paypal on Your Bank or Credit Card Statement? Here’s What’s Going On.

Wondering “Who the hell 402-935-7733 is”? You may be wondering who or what 402-935-7733 is if you have found it unexpectedly on your credit card or bank statement. If you’ve been reviewing your bank records or credit card statement and found what you believe to be an unauthorized charge that shows “Paypal” or the phone number 402-935-7733, take a deep breath, and relax. It may not be what you think, especially if what you think is that someone has hacked your bank account, or stolen your credit card. What’s most likely is that you purchased something from someone, and Paypal is their payment processor, so even though you didn’t make a purchase through Paypal, they processed it through Paypal. And 402-935-7733 is Paypal’s merchant phone number.

IRS Reverses Self on $600 Income Reporting Requirement for Paypal, Venmo, CashApp, Etc... for Now
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IRS Reverses Self on 2022 $600 Income Reporting Deadline for Paypal, Venmo, Cash App, Etc… for Now

The IRS has reversed the requirement for Paypal, Venmo, CashApp, etc. to report if you receive more than $600 – for now. Now it starts in 2023. It was just about this time last year we told you how the IRS was requiring Paypal, Venmo, CashApp, Zelle, and other cash payment apps (technically known as third-party settlement organizations, or TPSOs) to file a 1099 for you with the IRS if you received payments totaling more than $600 (it had been $20,000, so that’s quite a substantial drop). Now the IRS has said “Psych! It really starts next year.” So, once again, unless you took in $20,000 or more in 2022, Paypal et al is not required to file a 1099 with the IRS or to issue you a 1099 (nor likely will they).

How to Find a Buyer's Email Address on Paypal
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How to Find the Email Address of a Buyer or Payer on Paypal

Every once in a while you may want to find a buyer’s email address on Paypal because for some reason the email notification you get from Paypal doesn’t have it. This is true, for example, when somebody uses your paypal.me link. Unlike nearly all other, if not all other, payment notifications which you get from Paypal, when somebody sends you money through your paypal.me link, the notification doesn’t include the payor’s email address. Now, of course, you can log into Paypal, go to “all transactions”, and search for the transaction, but that takes a whole bunch of steps, and is a hassle if you have to do it more than occasionally. Plus you can’t search for it by email address, because hey, if you had that you wouldn’t need to be searching! Here’s how to go directly to that transaction’s page and avoid a few steps.

How to Find Your Facebook Payment Settings to Remove a Payment Method from Facebook
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How to Find Your Facebook Payment Settings to Remove a Payment Method from Facebook

Need to change a payment method on Facebook, cancel a Facebook payment on Paypal, or just find your Facebook payment settings so that you can revoke and remove a credit card, debit card, or Paypal account? It is so frustrating when you are trying to remove a payment card, Paypal access, or other payment method from a service to which you had previously given it, only to be unable to find where and how to do it, even though they made it so very easy to give that payment information to them in the first place. Here’s how to find your payment methods on Facebook so that you can revoke and remove them.

Paypal Places Firewall Between Personal and Business Paypal Accounts
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Paypal Says No More Personal ‘Friends and Family’ Payments to Business Accounts

Paypal has announced that Paypal business accounts will no longer be able to accept or receive personal (‘friends and family’) payments transactions, and that no Paypal account will be able to send friend and family transactions to Paypal business accounts. This is effective next month, July 28, 2022.

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All About The New Paypal and Venmo Fees and Rates

Paypal, the parent company of Venmo, recently announced plans to increase prices for the “instant transfer” service, affecting both of their popular financial applications (Paypal and Venmo).

The service, an “instant transfer”, essentially allows you to transfer some or all of the balance in your Venmo or Paypal account to your bank account or debit card in seconds. Paypal and Venmo already charge for this service, but soon it will be even more!

New Paypal Invoice Scam Emails Come from Paypal and Uses Actual Paypal Links
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New Paypal Invoice Scam Emails Come from Paypal and Use Actual Paypal Links

A new Paypal invoice scam uses Paypal’s own invoicing system, so that the email actually really comes from Paypal, and has real Paypal links. In fact, the only thing that doesn’t really go back to Paypal is the phone number (855-607-2935 in our example below), which is manned by the scammers pretending to be, and answering the phone as, Paypal. Here’s how it works.

How to Set the Background Cover Image in Your Paypal Account
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How to Set the Background Logo Profile Picture and Your Statement Name in Your Paypal Account

If you use Paypal at all for business then you know how important it is that your Paypal profile picture be correct. This is the cover background image at your paypal.me link, as well the logo that appears on your Paypal invoices. So why Paypal has made it so darned hard to find where you set it or change it is beyond us, especially because where you change your business image is also where you set or change how you show up on your customers’ credit card and bank statements, which we think is pretty darned important. Which is why we’re writing it up for you!

IRS Reverses Self on $600 Income Reporting Requirement for Paypal, Venmo, CashApp, Etc... for Now
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New IRS Rule Reduces Income Reporting from $20000 to $600 for Paypal, Venmo, CashApp, Zelle, Others

A new IRS reporting requirement reduces the amount to trigger reporting of payments made through online and mobile payment apps from $20,000 to $600 in a calendar year. Previously, under the tax law, you had to reach a $20,000 (twenty-thousand dollar) threshold before Paypal and other payment services were required to issue you a 1099-K. Now if you run more than $600 through Paypal, Venmo, Cash App, Zelle, or any other payment service, that service is required to issue you the 1099-K, which of course is also provided to the Internal Revenue Service (IRS).

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Buy, Sell, and Pay with Bitcoin Through Your Paypal or Cash App Account!

You can now buy cryptocurrency like Bitcoin with Paypal and Cash App! Paypal offers more crypto choices, but Cash App has better offerings.

How to Cancel an Automatic Payment Being Made from Your Paypal Account
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How to Cancel an Automatic or Recurring Payment Being Made from Your Paypal Account

Here is how to revoke authorization for a merchant to charge your Paypal account, and how to cancel recurring payments to a vendor or service.

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How to Cancel a Paypal Authorization for a Vendor to Charge Your Paypal Account

Have you had a vendor get preauthorized to withdraw funds from your Paypal account, and now you want to cancel that authorization? Here’s how.

Ebay Changes Way it Taxes Sales, Affecting Most Buyers and Sellers (List of States Requiring Internet Sales Tax Included)
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Ebay Changes Way it Taxes Sales, Affecting Most Buyers and Sellers (List of States Requiring Internet Sales Tax Included)

eBay has announced that beginning in November there will be changes in how Ebay collects taxes on sales, as a majority of states now require Internet sales tax to be charged on online purchases. (See below for list of states requiring Internet sales tax.) In a letter to eBay sellers, eBay claims that they and sister company PayPal are “making changes that will make Internet Sales Tax collection less complex for buyers and for you.”

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How to Make a Manual or Extra Payment on Your Paypal Working Capital Loan Using a Credit Card or Bank Account

Paypal Working Capital is Paypal’s business loan service where you repay the loan by Paypal taking a percentage of every payment you receive until the loan is paid off. But what if you want to make a single manual payment or an extra payment on your Paypal Working Capital loan using a credit card or bank account?

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How to Find and Cancel Paypal Subscription Payments in 2019

If you are trying to figure out how to find and cancel Paypal subscription payments, you’ve come to the right place! Automatic recurring Paypal payments (i.e. automatically renewing payments through your Paypal account) are really convenient – until they aren’t because you have discontinued or want to discontinue the service to which you were subscribed. Here’s how to cancel that Paypal subscription payment.