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Can Paypal debit your bank account or credit card for refunds?

Discussion in 'BlackHat Lounge' started by nishat, Jan 3, 2014.

  1. nishat

    nishat BANNED BANNED

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    Let's say you've had some Paypal funds paid to your account, and you withdraw the funds to your bank account - and then weeks later some asshole decides to create a dispute, thereby making "Paypal" lock your funds - if they side in his favor - will they debit your bank account or credit card to pay his refund if you dont have any money in the account?

    If anyone could answer this, I'd appreciate. Thanks.
     
  2. Slabs

    Slabs Regular Member

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    If you used a credit card, then yes they will debit from the source (card) linked to your PayPal acc. If they can't I think your PayPal balance will negative.
     
  3. nishat

    nishat BANNED BANNED

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    Same for bank account?
     
  4. sandrine10

    sandrine10 Power Member

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    - if they side in his favor -then i guess you should refund him is better!?
     
  5. kittysnuggie

    kittysnuggie Newbie

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    If you fund your paypal acct with your bank account, then yes, they will try to take it from there, as well. If you only withdraw TO the bank and have not linked the account for funding your PP acct, then they can't try the bank acct, only the credit card (assuming you have it linked to the account).

    If they can't get it from either, it does go into a negative balance and I believe they put some kind of restriction on the account. (have heard of different scenarios with this)
     
  6. nishat

    nishat BANNED BANNED

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    Paypal doesn't always make the best decisions.
     
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  7. HeRBaR

    HeRBaR Supreme Member

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    Yeap they will take your money from you bank account if the other part wins the dispute.
     
  8. jokel661

    jokel661 Regular Member

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    If you close the bank account, they will report you to credit companies and you will have a bad credit if you are in USA.
     
  9. ShadeDream

    ShadeDream Elite Member

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    True. eBay/PayPal suck. I've had a package come damaged due to inadequate packaging and they sided with the seller. The outer box was fine but the inner contents got damaged because of how the item was packaged.
     
  10. MiLiTARYiV

    MiLiTARYiV Senior Member

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    NO , Paypal cannot debit your bank account or your card. This information is 100% correct. They will not debit your bank account or card to retrieve reversed funds.
    This was as of 2011 but I dont see why this would change since paypal still is not a bank
     
  11. Fotze123

    Fotze123 Newbie

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    Are you 100% sure about this? It'd be good to know. Thanks.
     
  12. anilpendu

    anilpendu Jr. VIP Jr. VIP Premium Member

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    They will debit from the credit card.
    Same thing happened to me 2 year back , a guy charged back me for 50$ after 1 month , i dint had any fund and i dint linked my credit card , so they made my paypal account to fall in negative,