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    PAYPAL how does refund work!

    for example i recieve money £500

    costs nothing to the sender

    costs me a small slice for recieving it

    now if i was to give the full refund back by clicking refund

    how does that work because ive got the £500 - the recieving fee?!!

    does the original sender lose out?

    do i have to add more money to make it £500 again?

    kinda stumped!!!!!!!!!! DINO WHERE U AT :-D

    4 Comments

    No, it just extracts the fee and sends it back with whatever you got. so say they took £4 for fee and you had £496, you'd get £4 of fees back to send.

    t0mm

    No, it just extracts the fee and sends it back with whatever you got. so … No, it just extracts the fee and sends it back with whatever you got. so say they took £4 for fee and you had £496, you'd get £4 of fees back to send.



    I wish it was only £4, it's just over £17.00 in fees.:-(
    You are pretty much right. The whole amount you received is refunded. If it was £500 that went into your paypal account you would receive just under £483, the remainder would vanish in Paypal fees, When you refund just under £483 comes from your Paypal account and the remainder from Paypal but it is a seamless transaction.
    You MUST only use the 'Refund' option or the other person will pay fees.

    Original Poster

    thanks alot tomm and dino!!! that cleared things first

    thanks payapl guru dino!:thumbsup:

    muffin247

    thanks alot tomm and dino!!! that cleared things firstthanks payapl guru … thanks alot tomm and dino!!! that cleared things firstthanks payapl guru dino!:thumbsup:


    You are welcome, but we have a new Paypal guru, t0mm :thumbsup: :thumbsup:
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