My Paypal transaction was reversed by my bank. What happens next?

[Bandihoop]

My Paypal transaction was reversed by my bank. I think this was due to insufficient funds. What do I need to do now? Will it attempt to pay by my backup option or will it re attempt the direct debit after a certain period of time? Just want to clear this up but I'm not clear on how this process will play out.

[kernowlass]

@Bandihoop 

If the transaction is marked as completed then paypal will try a few days later from your bank account again.

If that fails then they may try your back up funding source.

Is your account balance in negative at the moment?