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  #1  
Old 01-22-2015
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Default PayPal refund using VCC

This question probably has a really simple answer but I can't see to find it :/

If I needed to refund a transaction but my PayPal balance is £0.00, rather than sell something to 'someone', is it possible to process the refund with the funds on your VCC?

Ta!
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  #2  
Old 01-23-2015
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Default Re: PayPal refund using VCC

If the VCC attached to your Paypal has funds, yes Paypal will get the money from there.
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Old 01-23-2015
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Default Re: PayPal refund using VCC

Thanks.
So they won't attempt to use funds from the bank account first?
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Old 01-23-2015
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Default Re: PayPal refund using VCC

Oh... well, you did not mention you have a bank account attached.

Don't know this, can't give you an answer.
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Old 01-23-2015
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Default Re: PayPal refund using VCC

It should tell you on the payment screen before you proceed.
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Old 01-23-2015
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Default Re: PayPal refund using VCC

You cannot use a VCC to issue a refund. (unless that has changed in the last month or so?)

Its a real PITA

You can only use your PayPal balance or a bank account (and of course using a bank account for a stealth account is not an option)

You would need to sell more items to bump up your PayPal balance and then refund.
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Old 01-23-2015
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Default Re: PayPal refund using VCC

or send money from another stealth account .via another vcc to that account maybe?
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Old 01-23-2015
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Default Re: PayPal refund using VCC

Very risky as that would link the 2 accounts.
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Old 01-23-2015
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Default Re: PayPal refund using VCC

Paypal always has taken the money from my bank account if I don't have funds in my paypal. They never tried my CC.
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  #10  
Old 01-29-2015
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Default Re: PayPal refund using VCC

So we need to link a bank account to our paypal's today get them verified do we not? How are we withdrawing our funds once we have built up a safe PayPal? Sorry I'm new to this and learning
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Old 01-29-2015
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Default Re: PayPal refund using VCC

Quote:
Originally Posted by comp07974 View Post
So we need to link a bank account to our paypal's today get them verified do we not? How are we withdrawing our funds once we have built up a safe PayPal? Sorry I'm new to this and learning
Yes, verify paypal with a bank account. Then you can withdraw your funds to that account.

I always verify and confirm paypal before anything else.:-)
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Old 01-29-2015
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Default Re: PayPal refund using VCC

Verifying PayPal by attaching a bank account to it is always the best option for the smooth running of the transactions from your sales
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  #13  
Old 01-29-2015
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Default Re: PayPal refund using VCC

Quote:
Originally Posted by REFLECT View Post
Paypal always has taken the money from my bank account if I don't have funds in my paypal. They never tried my CC.
Very bad move....
If you havent got funds to pay fees, do a one off payment with your vcc before fees are due to avoid them.going to your bank account. You dont want paypal near your bank account :-)
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Old 01-30-2015
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Default Re: PayPal refund using VCC

Quote:
Originally Posted by JamesNorth101 View Post
You cannot use a VCC to issue a refund. (unless that has changed in the last month or so?)

Its a real PITA

You can only use your PayPal balance or a bank account (and of course using a bank account for a stealth account is not an option)

You would need to sell more items to bump up your PayPal balance and then refund.
Why is using a bank account not an option? If there is money in the bank account and its a real bank, it will go through. They don't see the name of the person's bank. If it's just a prepaid bank or virtual bank then it's not an option.
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  #15  
Old 01-30-2015
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Default Re: PayPal refund using VCC

Quote:
Originally Posted by schmeagle View Post
Why is using a bank account not an option? If there is money in the bank account and its a real bank, it will go through. They don't see the name of the person's bank. If it's just a prepaid bank or virtual bank then it's not an option.
wow..
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  #16  
Old 01-30-2015
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Default Re: PayPal refund using VCC

Quote:
Originally Posted by schmeagle View Post
Why is using a bank account not an option? If there is money in the bank account and its a real bank, it will go through. They don't see the name of the person's bank. If it's just a prepaid bank or virtual bank then it's not an option.

USA Banking Regulations are different to the U.K Regulations, so what may be true for your country is not true for the U.K

You should remember that when posting as your information in this case is incorrect from a U.K Aspect.
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  #17  
Old 02-03-2015
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Default Re: PayPal refund using VCC

Quote:
Originally Posted by joffieJaffa View Post
USA Banking Regulations are different to the U.K Regulations, so what may be true for your country is not true for the U.K

You should remember that when posting as your information in this case is incorrect from a U.K Aspect.
OK that didn't occur to me. You are of course correct, I have no idea how things would work banking in another country..my bad
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