A year ago i bought a domain name from 123-reg.com and i paid via PayPal. I forgot that paypal took 7 days to take the money out of my account so i the payment was rejected by my bank (barclays) and paypal couldnt withdraw the money. I recieved an email notifying me to this fact 123-reg still got the money though.
My friend recently bought something off of ebay for £50 and also paid via PayPal. He also like me forgot that paypal takes 7 days to withdraw your money and paid for a holiday meaning that he had no money in his account so Barclays (good bank btw) cancelled the payment meaning PayPal couldnt withdraw the funds. He also recieved a similar email saying that the money couldnt be taken out. He felt really guilty that he deprived the seller of £50 so a week later he contacted him asking if he did in fact get the money or not but the seller responded saying that everything was fine on his end.
So is this a major flaw in PayPal? Is it possible to get money for nothing? :w00t:
Im not at all saying that people should trying this out, im just wondering what you think.
Btw i was 16 at the time and my friend is 17 so that may have had something to do with it, i dunno.