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-   -   PayPal refund using VCC (https://www.aspkin.com/forums/uk-ebay-paypal/82043-paypal-refund-using-vcc.html)

Elisek 01-22-2015 04:50 PM

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!

ilcarletto 01-23-2015 03:17 AM

Re: PayPal refund using VCC
 
If the VCC attached to your Paypal has funds, yes Paypal will get the money from there.

Elisek 01-23-2015 08:07 AM

Re: PayPal refund using VCC
 
Thanks.
So they won't attempt to use funds from the bank account first?

ilcarletto 01-23-2015 08:13 AM

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.

Bunneh 01-23-2015 08:23 AM

Re: PayPal refund using VCC
 
It should tell you on the payment screen before you proceed.

JamesNorth101 01-23-2015 01:54 PM

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.

jacomputers1 01-23-2015 02:23 PM

Re: PayPal refund using VCC
 
or send money from another stealth account .via another vcc to that account maybe?

JamesNorth101 01-23-2015 04:33 PM

Re: PayPal refund using VCC
 
Very risky as that would link the 2 accounts.

REFLECT 01-23-2015 07:33 PM

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.

comp07974 01-29-2015 04:17 AM

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

ooooo.halo 01-29-2015 12:43 PM

Re: PayPal refund using VCC
 
Quote:

Originally Posted by comp07974 (Post 636497)
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.:-)

RosieTosie 01-29-2015 01:42 PM

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

ooooo.halo 01-29-2015 08:48 PM

Re: PayPal refund using VCC
 
Quote:

Originally Posted by REFLECT (Post 634634)
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 :-)

schmeagle 01-30-2015 12:08 AM

Re: PayPal refund using VCC
 
Quote:

Originally Posted by JamesNorth101 (Post 634526)
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.

realdeals 01-30-2015 07:24 AM

Re: PayPal refund using VCC
 
Quote:

Originally Posted by schmeagle (Post 636852)
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.. :faint:

joffieJaffa 01-30-2015 08:29 AM

Re: PayPal refund using VCC
 
Quote:

Originally Posted by schmeagle (Post 636852)
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.

schmeagle 02-03-2015 01:45 PM

Re: PayPal refund using VCC
 
Quote:

Originally Posted by joffieJaffa (Post 636956)
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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