Question: Can PayPal Refund Your Money?

Is PayPal purchase protection free?

Does Buyer Protection have fees.

No.

This process is fee-free, however PayPal may require you to return the disputed item to the seller at your own cost..

How do I get a refund if I paid with PayPal?

Ask the seller to find the payment in their ‘Activities’, click on it and then click Issue a refund. By using this link any refunded amount will return to your PayPal balance, bank account or card, depending on how the payment was originally funded.

How long do refunds from PayPal take?

Refunds to credit/debit cards usually takes 2-5 business days, however it can take up to 30 days depending on the card company involved. If you paid with PayPal balance, the money is refunded to your PayPal balance.

Can PayPal take money from my bank account?

No they can’t ever touch or take money from your bank account without authorisation and yes if you sell and money comes into your account they will keep that to pay off your neg balance.

What happens if someone hacked my PayPal account?

Contact your financial institutions immediately We’re here to help, day and night. If you suspect your account has been compromised, contact us immediately. Report it to the U.S. Federal Trade Commission. See the FTC website on identity theft for more information.

What happens if seller doesn’t respond to PayPal dispute?

If the seller doesn’t respond, the claim will automatically close in the buyer’s favor, and a full refund will be issued. If the seller does respond, PayPal will work to evaluate the information provided and determine the outcome of the claim.

How much is the PayPal fee for $100?

What are PayPal fees on $100? There is no charge if you’re a buyer. If you’re a seller and it’s a domestic sales, you get $96.80 and PayPal takes $3.20 (2.9% + $0.30).

Can you get your money back from PayPal if you get scammed?

If you purchased something and haven’t received it, it’s not as described, or you feel the payment is unauthorized, you can file a case in our Resolution Center to start the process of getting your money back. … If the payment is completed, please ask about their return policy, or request a refund.

What happens when you get a refund on PayPal?

After you have received the refund, you can withdraw money from your PayPal balance to your bank account or use the money for future purchases through PayPal. If you paid using a credit/debit card and your PayPal account balance, the amount paid by the credit/debit card is refunded to your card.

What is PayPal Buyer Protection fee?

Standard merchant fee: 2.9% + $0.30. Micropayment fee: 5% of the transaction.

Why is my PayPal refund Not in my bank account?

If you funded the original paypal payment to the seller with a debit or credit card then it won’t go back to your paypal balance. Once marked as completed it will automatically go back to your bank account or credit card but takes up to a week to process through to the bank and a bit longer for a c.c.

Will a PayPal refund go back to my bank account?

Bank account: your refund will initially go back to the PayPal balance before being auto swept back to the original funding source (bank). It may take up to 5 business days for the refund amount to appear on your bank account.

Does PayPal refund money if hacked?

Once a scammer has hacked into somebody else’s PayPal account (as in the case of the phishing email scam), they can make purchases and send payments with the money from the account they have taken over. … PayPal may reimburse the seller if they are able to confirm that the account that made the payment was hacked.

How do I get my money back from PayPal friends and family?

Unless you call paypal and somehow get a sympathetic rep who will open a dispute.. there is no other way to get your money back. Your only recourse is to file a dispute on the transaction through your credit card issuer. There is no purchase protection on friends & family payments, they’re same as cash.

Who pays PayPal fees buyer or seller?

When completing a transaction through PayPal, the seller must pay a PayPal fee. The buyer isn’t forced to pay any fee. The fee the seller pays is calculated for each transaction and is represented as a percentage of the total transaction plus 30 cents.

Is PayPal refund instant?

Time taken to process a PayPal refund For payments taken from a bank account or PayPal balance, money will be refunded back into the customer’s PayPal balance. Typically, refunds will be completed within three to five days, but may appear instantly as ‘Pending’ in your customer’s PayPal account.

Why does PayPal refund money?

Refunded: If your payment was refunded, it means that the recipient accepted the payment but then sent your money back to you. … There are a few reasons why your payment might be pending. A payment might be pending because: The recipient hasn’t signed up for a PayPal account yet.