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In fact, it's a bit weird he didn't immediately refund the unexpected payment. Was he hoping to exploit the mistake and keep the money?
by FDSGSG 7y ago
In fact, it's a bit weird he didn't immediately refund the unexpected payment. Was he hoping to exploit the mistake and keep the money?
- joosters 7y agoBad idea. If you did that you could end up paying back the money twice, once for your own payment and another for paypal's own refund.
- FDSGSG 7y agoThis is incorrect and not how paypal handles refunds. This is merchant 101: always refund suspicious payments before your payment processor has to do it, it'd be really bizarre if Paypal was somehow the only exception in the industry.
- dzader 7y agolol couldn't possibly be worse advice in this thread. 100% do not listen to this and NEVER refund the transfer
- FDSGSG 7y agoWhy not? The only way I see this going wrong is if instead of doing a refund you create a new transfer to send the money back, but you obviously shouldn't do that.
- dzader 7y agoah sorry I always equate PayPal to venmo - there might be a valid way to refund on PayPal but certainly not venmo
- thekyle 7y agoFDSGSG is absolutely correct. He should have immediately processed a refund on the $600 as soon as he saw the transaction. By not doing so he risked getting a chargeback and loosing not only the $600 but an additional $10 PayPal chargeback fee. There is no risk of OP loosing $1,200 to two refunds if he went through the proper refund procedure. A transfer can only ever be refunded once.
- deleted 7y ago[deleted]
- TazeTSchnitzel 7y agoBut PayPal has an option to return a payment, it doesn't have to be you manually sending a transaction back to the person.
- deleted 7y ago[deleted]