Cancel PayPal payment: This is how you get your money back

the essentials in brief

Can I reverse a PayPal payment?

With PayPal, payments cannot be reversed, but you can initiate a "refund" or "dispute resolution." More here…

How long does it take to cancel PayPal?

The duration for a PayPal cancellation depends on various factors. Everything else here...

How much does a PayPal cancellation cost?

Canceling a payment or resolving a dispute with PayPal is usually free of charge. PayPal does not charge any fees for initiating these processes.

Canceling a PayPal payment is sometimes necessary. For example, you may have made a payment by mistake - of course you want your money back.

But how does cancellation work? In this blog post you will find out everything about the requirements and the necessary steps you need to take.

Why it's important to cancel a PayPal payment

Canceling a PayPal payment is sometimes necessary.

PayPal is one of the most popular and secure online payment services worldwide. Without revealing your bank details, you can use PayPal quickly and easily send and receive money.

PayPal also protects you from fraud or other problems with comprehensive buyer protection.

Did you know already?

In some cases, PayPal can mediate in disputes and try to find a solution between the buyer and seller. If the payee doesn't respond or cooperate, PayPal may, in certain cases, issue an out-of-pocket refund.

But even if PayPal offers many advantages, it can happen that you regret a payment or something goes wrong. Maybe you made a typo and a payment to the wrong person or the wrong amount made.

Or you bought something that wasn't delivered or doesn't look what you expected. But you may have too just changed your mind and want to cancel the purchase.

In such cases, it is important to know how to cancel a PayPal payment. Because you can get your money back, or at least part of it, if you act quickly and correctly.

You can also avoid an aggravation of the conflict with the seller or the recipient or the loss of your rights.

How to cancel a PayPal payment: step-by-step instructions

How you can cancel a PayPal payment depends on whether the payment is still open or has already been completed.

In addition, it depends on whether or not you have a problem with the seller or the recipient. 

The payment is still pending

If the payment is pending, it means it has been received by the recipient not yet accepted wurde.

This can be the case, for example, if the recipient in another currency than you paid or don't have a verified PayPal account yet.

Note: The ability to reverse a PayPal payment also depends on the payee's policy. Not all payees are required to issue refunds, and there may be deadlines for cancellations.

In this case you can make the payment with help the following steps cancel easily:

  • Log into your PayPal account and click on “Activities”.
  • Find the payment you want to cancel and click “cancel”.
  • Confirm cancellation and you're done.

your PayPal account or your credit card the money credited back. You don't have to contact the recipient or report a problem.

The payment is completed, but there is no problem with the seller or the recipient

If payment has already been made, but there are no issues with the seller or recipient, then you want payment cancel for another reason.

Cyber ​​MondayBestseller no. 1

For example, because you made a typo or because you regret having bought something. In this case you can make the payment no longer cancel yourself.

You have to ask the seller or the recipient to refund you the money.

To do this, you must proceed as follows:

  • Log into your PayPal account and click on "Activities".
  • Find the payment you want to reverse and click Details.
  • Click "Contact Seller" or "Contact Recipient" and write the seller a friendly message asking for a refund. Explain the reason for your request and be polite.
  • Wait for his answer and hope that he will comply with your request.

If the seller or recipient complies with your request, they will send you refund the money through PayPal.

The money will then be credited to your PayPal account or credit card.

Unfortunately, you no longer have the option of reversing the payment if he does not agree to your request or does not respond.

The payment is completed and there is a problem with the seller or recipient

If you have already paid and there is a problem with the seller or the recipient, it means that you are not satisfied with the item purchased or the service provided or did not receive it.

In this case you can report the problem. You can then try to get a refund.

To do this you need to follow the following steps:

  • Log into your PayPal account and click on "Activities".
  • Find the payment you want to reverse and click Report a Problem.
  • Select the reason for your problem, e.g. B. "Item not received" or "Item does not match the description".
  • Describe your problem in more detail and add photos or other evidence if necessary.
  • Click the “Next” button and submit your message.

After reporting a problem, you have the opportunity to with the seller or the recipient of the item To get in touch.

You can send the seller or recipient a message asking for a refund or other resolution.

Besides, you can too accept a partial amount or close the issue if resolved.

You can within 20 days File a buyer protection claim if you disagree with the seller or the recipient or don't receive a response.

To do this, select “conflict resolution” the corresponding message and click on “Apply for buyer protection”. PayPal will then review the case and make a decision.

If PayPal approves your request for buyer protection, you will receive a full or partial refund.

You no longer have the option to cancel the payment if PayPal rejects your claim for buyer protection.

Cancellation is usually quite easy.

What you should consider if you want to cancel a PayPal payment

If you want to cancel a PayPal payment, there are a few things you should keep in mind to increase your chances and avoid unnecessary problems. Here are some tips and hints for you:

Be quick

The faster you act the better your chances of getting your money back. Cancel the payment immediately if it's not yet complete.

Once the payment has been completed, it is advisable to file a report of the problem and a claim for buyer protection as soon as possible.

The deadlines for this vary depending on the payment method, but usually no longer than 180 days.

Be honest

You should always tell the truthd not give false informationwhen you report a problem or submit a buyer protection request. PayPal will carefully examine your case, taking all the evidence into account.

Tip: If you would like to cancel a PayPal payment, contact the payee as soon as possible and politely request a refund. Clarify the details and reason for the cancellation clearly.

It can serious consequences if PayPal discovers that you have lied or attempted to cheat the system. For example, PayPal can block your account or withdraw your protection from buyer protection.

Be polite

Always be polite and respectful when dealing with the seller or recipient. Do not write messages that insult or threaten the seller, but try to find a peaceful solution.

Often is a compromise or accepting a partial payment is better than fighting a lengthy dispute.

It may also be that the seller or the recipient is not responsible for the problem or is not willing to accommodate you.

Be careful

Always be careful and protect yourself from fraudwhen you buy or sell something online. Always check the ratings and profile of the seller or recipient before making a payment.

Before you buy an item or service, always read the description and the terms and conditions.

Avoid making a payment outside of PayPal or to disclose your personal information. Better keep your hands off it if something seems suspicious to you.

Cancellation is often relatively quick and easy

If you want to cancel your PayPal payment, it always depends on whether the payment is still open or has already been completed, or whether there is a problem between the seller and the recipient.

There are various requirements and deadlines that you must adhere to.

Sources

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