If you see a payment from PayPal on your bank statement. This article will answer this question.

Paypal 4029357733 and Why is it on My Bank Statement?

If you notice a Paypal charge on your bank statement, dispute it immediately with the company, as the charges may not be legitimate.

PayPal uses this number to identify the merchant on your statement, and the name of the merchant is usually shortened or abbreviated.

 To prevent this from happening, you should check your bank statements regularly, run an antivirus program, search for spyware, and change your passwords.