Payment Reversed but only got 166$ in Return of 180$ ?

Discussion in 'Payment Processing' started by greatme, Feb 9, 2010.

  1. #1
    Hello,
    :mad: I have made a withdrawl on 28 Jan to my Bank account in India but the Payment Was reversed by Paypal. I have made withdrwal of 180$ but when it reversed i got only 166$. What is this ? It's not our fault that Payment got reversed then why Paypal deduct My 14$. Is Reversal fee that much high ? :(
     
    greatme, Feb 9, 2010 IP
  2. emiley

    emiley Active Member

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    #2
    As far as I'm concerned, the reversal fee is $6.
     
    emiley, Feb 9, 2010 IP
  3. magicworld11

    magicworld11 Well-Known Member

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    #3
    This is paypal's way of business :D . Dont worry u may receive your deductions within 24 hours...
     
    magicworld11, Feb 9, 2010 IP
  4. Axus Technologies Inc.

    Axus Technologies Inc. Peon

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    #4
    Same here dude.

    Not sure, whats going on.
    I just 189$ from my 220$ withdrawal. :(
     
    Axus Technologies Inc., Feb 9, 2010 IP
  5. sagarrai000

    sagarrai000 Peon

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    #5
    Buddy these PAypal charged me $32 from my $425 saying REVERSAL charge. I dono what is this all going on.
     
    sagarrai000, Feb 9, 2010 IP
  6. radhika.writer

    radhika.writer Well-Known Member

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    #6
    Reversal fee of PayPal increases with the increasing amount, more money reversed = more reversal fee deducted. Hope they will transfer the reversal fee in 24 hours back to you.

    Thanks
     
    radhika.writer, Feb 9, 2010 IP
  7. anildewani

    anildewani Peon

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    #7
    I think they are returning amount according to current exchange rate. which is making the difference so high :rolleyes:
     
    anildewani, Feb 9, 2010 IP
  8. Rohit patel

    Rohit patel Prominent Member

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    #8
    They cut money because of currency exchange rate. When we request that time rate was something Rs 44 and right now it's over Rs 45. So we lost money because of it.:(
     
    Rohit patel, Feb 9, 2010 IP
  9. chandan123

    chandan123 Prominent Member

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    #9
    still they making lot of profits in unprofessional way because no one can accepts their 48 Rs for a $
     
    chandan123, Feb 9, 2010 IP
  10. Rohit patel

    Rohit patel Prominent Member

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    #10
    Yes if that transfer doesn't completed then they have to provide same amount which we requested! This is totally unprofessional manner from them.:(
     
    Rohit patel, Feb 9, 2010 IP
  11. buzzgal

    buzzgal Peon

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    #11
    I have got my amount in my account but they have deducted only 50 INR as a fees of transferring I have got my full money back
     
    buzzgal, Feb 9, 2010 IP
  12. clbyodo

    clbyodo Peon

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    #12
    Is it true that Paypal will surely give reversal fees back in 24 hours?
     
    clbyodo, Feb 9, 2010 IP
  13. chandan123

    chandan123 Prominent Member

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    #13
    where you seen such nice info :p ? i saw few old threads inn DP and they never got their hard earned money
     
    chandan123, Feb 9, 2010 IP
  14. Rohit patel

    Rohit patel Prominent Member

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    #14
    They will not provide any fees back, we have to continue with lost because of their silly things.:( :mad:
     
    Rohit patel, Feb 9, 2010 IP
  15. greatme

    greatme Active Member

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    #15
    Really Guys..They have to Fullfill Our Valued Amount as we have Requested during withdrwal time. Because It's not our fault. It's a Matter of their ( Paypal ) Reputation. I don't know why they are doing this in very unprofessional way ?
     
    greatme, Feb 9, 2010 IP
  16. chandan123

    chandan123 Prominent Member

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    #16
    they wont care for reputation. they just want to eat users money in all possible ways :mad:
     
    chandan123, Feb 9, 2010 IP
  17. greatme

    greatme Active Member

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    #17
    Is This true ? Dont you got any deduction or any other fee ? When you have applied for withdrawl & when you got that reversal ?
     
    greatme, Feb 9, 2010 IP
  18. chandan123

    chandan123 Prominent Member

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    #18
    when u withdraw ? check that transaction fully and see the details

    if u got full then its good for you :p
     
    chandan123, Feb 9, 2010 IP
  19. anjelina27

    anjelina27 Member

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    #19
    They deducted my 20$ as a fees for withdrawing money to my bank account.Can we get our money back from paypal
     
    anjelina27, Feb 9, 2010 IP
  20. chandan123

    chandan123 Prominent Member

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    #20
    unfortunately no :( we can't get the money unless we go and beat the paypal ceo :D
     
    chandan123, Feb 9, 2010 IP