Made some refunds and my PayPal is up 10 bucks
- Thread starter PoisonAce
- Start date
yoshayne123
Junior Member
- Mar 25, 2015
- 111
- 29
scale it up man
You had already paid the fees out of pocket, example:
Your Starting PayPal balance: $10.00
Your buyer buys an item for $10.00 and sends you the full amount
Your balance is now original($10.00) + payment($10.00) - payment fee of 3% ($0.30)
Balance is now $29.70
You now refund the buyer. He gets his payment - fees so he gets $9.70 back.
You now have $10.00 again.
Your Starting PayPal balance: $10.00
Your buyer buys an item for $10.00 and sends you the full amount
Your balance is now original($10.00) + payment($10.00) - payment fee of 3% ($0.30)
Balance is now $29.70
You now refund the buyer. He gets his payment - fees so he gets $9.70 back.
You now have $10.00 again.
- Jan 8, 2010
- 13,102
- 7,747
Whats the point of this thread , not getting that.
Cryogenesis
Elite Member
- Sep 1, 2013
- 1,985
- 3,291
Good deeds go unrewarded.
Not the case here?
Not the case here?
Cryogenesis
Elite Member
- Sep 1, 2013
- 1,985
- 3,291
Withdraw it asap then.
PoisonAce
Regular Member
- Sep 10, 2015
- 417
- 100
Haha no shit right
Last edited:
GoldenWarrior
BANNED
- Jul 3, 2013
- 982
- 126
Use refund option of each transactions refund. Then they won't charge you more.
93chandu
Power Member
- Apr 4, 2010
- 710
- 326
wowhaxor
Elite Member
- Apr 28, 2007
- 1,924
- 3,369
Its because there was a hold at first, so say the transaction was for $10, when someone disputes it puts a hold on that $10, only you never got $10 you got $9 or whatever because of the fee. So your account has less money, now when its refunded PayPal refunds their fee plus the $9 and that $1 fee that they had been holding on your account gets returned because you don't have to pay the fee since you never got it in the first place.
You're not actually making any money lol, its just when the hold happens they actually hold more than what you originally got on the payment because they hold the whole amount, with the fee even though they never gave you the whole amount. So once you complete the dispute and its refunded it seems like you got that back. You never actually got any extra money.
You're not actually making any money lol, its just when the hold happens they actually hold more than what you originally got on the payment because they hold the whole amount, with the fee even though they never gave you the whole amount. So once you complete the dispute and its refunded it seems like you got that back. You never actually got any extra money.
PoisonAce
Regular Member
- Sep 10, 2015
- 417
- 100
I have to tell you your wrong sorry. I don't have holds bro. And secondly I have more than I started with fresh, finished and done with. Thanks for your input. I am contemplating doing the individual tertiary refunds of 25 to 50 cents a customer. I am roughly 9 dollars over from 15 purchases and 15 refunds precisely.
