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UK eBay & Paypal General discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.

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  #1  
Old 05-17-2016
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Default Paypal payments

Hi

guys what happens to paypal money once its gone over and turns to - 100.00 etc what happens to that balance as they have refunded a customer for no reason !!!
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Old 05-18-2016
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Default Re: Paypal payments

When you have a negative balance paypal will chase you for the money.

Any funds that go in to the account will go towards paying the debt off.
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Old 05-18-2016
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Default Re: Paypal payments

PP will request the money from your primary funding source, bank account or card
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Old 05-19-2016
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Default Re: Paypal payments

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Originally Posted by richie2065 View Post
PP will request the money from your primary funding source, bank account or card
what if you do not have any funds in the bank
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Old 05-19-2016
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Default Re: Paypal payments

The bank may still accept the upload request and your bank will go negative and you will be hit with overdraft fees....unless you have overdraft on the account. Could happen.
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Old 05-19-2016
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Default Re: Paypal payments

Quote:
Originally Posted by zane786 View Post
Hi

guys what happens to paypal money once its gone over and turns to - 100.00 etc what happens to that balance as they have refunded a customer for no reason !!!
paypal always has a reason.

Sometimes the seller does not understand or agree.

Did you have a problem with a buyer?

paypal will want to get that money back.

Do not allow your bank to let the account with them go overdrawn. Your fees will be as much as the paypal amount.
Take action to sort the negative balance as soon as possible.

Last edited by GreenBean; 05-19-2016 at 07:41 AM.
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