Refund

Mustafa123
Contributor
Contributor
I sold a iPhone XS Max my money was then on hold but then the buyer asked for a refund I said no but my money was taken from my account. The problem is that my account is minus but I didn’t use any of the money because PayPal took £17 for a fee and I couldn’t of used the money because the money is on hold PayPal is scamming me what shall I do?
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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Mustafa123 

 

OK so the money from the sale is on hold due to the 21 day funds availability hold and the buyer filed a credit card chargeback which PayPal deducted the chargeback handling fee putting your account in the negative. Seems what PayPal did is routine. Add funds to zero out the PayPal balance, if PayPal covers your loss pending outcome of the chargeback, you'll be reimbursed.


Kudos & Solved are greatly appreciated. 🙂

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3 REPLIES 3
Solved

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Mustafa123 

 

OK so the money from the sale is on hold due to the 21 day funds availability hold and the buyer filed a credit card chargeback which PayPal deducted the chargeback handling fee putting your account in the negative. Seems what PayPal did is routine. Add funds to zero out the PayPal balance, if PayPal covers your loss pending outcome of the chargeback, you'll be reimbursed.


Kudos & Solved are greatly appreciated. 🙂
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Mustafa123
Contributor
Contributor
So your telling me to put money in my account and let PayPal take it and if they feel like it they will give my money back?
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Teslafan101
Frequent Contributor
Frequent Contributor

is this what Paypal does now with chargeback?

taking $20 or 17 GBP before the final outcome of a chargeback?????

  

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