Following is the text of an important update from PayPal UK.
We want to let you know about important rules that might help to protect you in the event you are a victim of Authorised Push Payment (APP) Fraud.
What is an APP Fraud?
APP Fraud is a type of fraudulent activity though which someone tricks or deceives you into sending a payment to a fraudster. This may result in you authorizing a payment for goods that you never receive or to a person other than whom you believed you were paying.
Common features of APP Fraud may include a request to designate a payment for friends and family when you’re being offered goods or services, offers that are “too good to be true,” pleas for sympathy or to act urgently, or the appearance that you’re paying a trusted person or institution. Learn more about APP Fraud in our Security Centre.