Can Xoom Payment reverse ?

Discussion in 'Payment Processing' started by priyakochin, Jun 26, 2007.

  1. #1
    I am using xoom merchants for some of my services.

    After payment will the payee be able to reverse payment ?

    If he is using pp or cc ?
     
    priyakochin, Jun 26, 2007 IP
  2. stas5855555

    stas5855555 Banned

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    #2
    How can a "payee" reverse the money??? maybe you mean the payer ???

    The payer will never reserve the payment he/she makes even if he/she pays via CC or Paypal because XOOM will Sue him/her for sure. But except for the case the payer uses stolen paypal or stolen credit card to send the money (hard to happen, Xoom has a lot of verifications)
     
    stas5855555, Jun 26, 2007 IP
  3. priyakochin

    priyakochin Banned

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    #3

    Sorry !
    I mean payer !
    Thankz for the reply
     
    priyakochin, Jun 27, 2007 IP
  4. Mr_Kumar

    Mr_Kumar Notable Member

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    #4
    Nice question dude.

    The paypal account of the money sender have some issue and paypal needs to put $$ on hold then YES paypal is able to take your money back from your bank.

    Do not get surprised, It is fact. bank ---> xoom ----->paypal is possible.
     
    Mr_Kumar, Jun 27, 2007 IP
  5. eddy2099

    eddy2099 Peon

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    #5
    From what I see, the payment is final because Xoom payments to the payee uses means which are irreversible.
     
    eddy2099, Jun 27, 2007 IP
  6. getjimmy

    getjimmy Prominent Member

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    #6
    Can u explain me more.Which means u r talking about.

    I am also looking for OP answers.Nice question priyakochin.
     
    getjimmy, Jun 27, 2007 IP
  7. eddy2099

    eddy2099 Peon

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    #7
    https://www.xoom.com/static/tos.html

    According to the above, a refund request is only permitted if the money has not be sent to the payee.

    I mean if someone does a payment pickup or bank transfer, it is almost impossible to reverse that.
     
    eddy2099, Jun 27, 2007 IP