Selling

2Owen
Contributor
Contributor
Selling items using PayPal, was wondering when I receive money and I send them the items, I then send the money to my bank account and it's pending and I know this can take up to 3 days but is there a chance the buyer can cancel the payment and it will stop the money pending to my bank account. Thanks
Login to Me Too
2 REPLIES 2

kernowlass
Esteemed Advisor
Esteemed Advisor

@2Owen

 

A buyer can't cancel a completed payment BUT that can open a dispute for non receipt of item OR item received but not as described.

 

In that case even if you have withdrawn the funds to your bank account you may have to refund the buyer.

 

You really need to read up on seller protection in paypals user agreement so you can risk assess your transactions.


Advice is voluntary.
Kudos / Solution appreciated.
Login to Me Too

2Owen
Contributor
Contributor
So if the money is pending to my bank account and the buyer cancels a payment or tries to refund, will this affect the money going into my bank
Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.