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-   -   Refund question. (https://www.aspkin.com/forums/paypal-limited/27915-refund-question.html)

potofgold23 02-05-2011 12:35 PM

Refund question.
 
I initiated a refund to a buyer ($80) but it is taking it from my bank account which is closed. My paypal account is limited with only half the refund amount available ($40). Will this refund go through and leave me with a negative balance or will the refund attempt fail. I want the buyer to get his refund so am wondering if I should send money to him from another account. Any advice would help! Thank you in advance!

consigcody 02-05-2011 12:45 PM

once they notice the bank account is closed they will remove it then try charging your paypal balance so yes it will leave you with a negative balance

potofgold23 02-05-2011 02:35 PM

but will the refunded amount be given to the buyer?

consigcody 02-05-2011 03:10 PM

yes the entire 80

potofgold23 02-05-2011 06:00 PM

ok, thank you so much for your knowledge!:thumb:

consigcody 02-05-2011 06:45 PM

no problem ^_^

potofgold23 02-06-2011 12:45 AM

I forgot to mention, these were 'digital goods' that the buyer purchased. Will this make a difference as far as the buyer getting his refund smoothly?

consigcody 02-06-2011 03:08 AM

no as long as its referred to as a product and you hit refund everything should go smoothly the only bad part if the account is in your name it will decrease your credit having a negative balance

potofgold23 02-06-2011 04:01 AM

No, it was stealth so I am not worried about that. I just want to ensure that the buyer is refunded with the least amount of hassle. OK, thanks again for your info and prompt replies!

potofgold23 02-09-2011 05:50 AM

Update: the refund was actually denied so it looks like Paypal is no longer willing to eat the negative balance.

rsot 02-09-2011 11:08 AM

And you are selling digital goods? Be careful - pa yp al does not like that


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