The PayPal SMS text message below that thank me for confirming my phone number and ask me to click a link to log in or get the app, does not appear to be a scam. The link in the text goes to PayPal's website at paypal.com. Also, the link's URL shorter website, py.pl, has been around since 2004 and is registered by PayPal PTE LTD.
The "PayPal Thanks for Confirming Your Phone Number" Text
From: +19096980199
Text: PayPal: Thanks for confirming your phone number. Log in or get the app to manage settings: hxxps://py.pl/TS2sm
The link in the text goes to https://www.paypal.com, which makes it legit:
If you have any information about the "PayPal Thanks for Confirming Your Phone Number" text, please leave it in a comment below.