Complaint / review text:
I also have this on my statement within the last few days and didn't have a clue either. I do have PayPal and BillMeLater which has been changed over to Paypal, they are one in the same.
But shame on them for not spelling it out as billmelater on a payment showing up on statement. Why make people go through so much anguish and backtracking on something that simply could have been spelled out 100% better on statement.in my opinion the bank should reject something like that too without a real name attached to it. Just like programs reject certain emails coming to you, so should this to a bank.
I am hoping that this is really what it is.
I have also spent over an hour last night backtracking and think I know what it is, but then again, I don't see it in a few months back written that way. Very disturbing to put people through this.