I sometimes send and receive money with PayPal because it is very convenient to do that. I do have hard times figuring out the fees that I have to pay when sending someone money using PayPal because the fees depend on the amount of money that you transfer monthly. This is not a problem if the seller pays the PayPal fees but some sellers do not and then I have to calculate what I have to add to the sum that the seller is receiving.

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Kurt mentioned in Daniel’s PayPal phishing article how he dealt with phishing and that got me thinking about the easiest way to defeat phishing for certain accounts. The answer is virtual mail accounts. I always thought about virtual mail accounts as a way to stop spam and find out which website or service sells your email but it can also be used to defeat phishing.

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About 2 days ago, I received a quite clever spam email in my Gmail account. It’s still pretty new, so I do take a look when I occasionally get spam to filter out any mistakes (none so far). I noticed a letter with the sender “PayPal”. I clicked on it and it says:
This email confirms [...]

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I received two of those fake emails today and thought that it would be a good opportunity to dissect it to show how phishing emails try to lure customers into a trap. The first and most obvious hint that something is wrong with this email is if you think about the subject of the email.

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I find this rather interesting and thought I give you some insights. Google Checkout is a new google service similar to Ebays Paypal that you can use to send other people money over the net without a bank transaction between the two parties. Checkout went live a few days ago and Ebay was quick and reacted agressivly by not allowing their buyers and sellers to use Google Checkout as a method to close the transaction.

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