Paypal reversed my payments sent by a company since it was more than $500. It happened earlier this month. Problem is the company to which the payments have been reversed says they have not got any reversed money. Also, that company also stated that they dint even get any email regarding this reversal. Now, i am kinda sure that paypal will intimate the company when the reversal is initiated. Guys, please help me know that how many days does it take by paypal to send the reversed money to the company(buyer). Also, dont you think that paypal must had sent an email to that company when the payments reversal was initiated? Please help!!
Company is genuine in first place ?? Forward them email which paypal sent to you (payment reversed one). DON.
@deluxdon: actually paypal representative called me while making the reversal. So no email was sent. But, i have sent my Paypal Account screenshots of all details regarding the reversal. Company is a CPA company and i just hope its genuine. If its a rip off, i'll post the entire matter here on DP since the company has their thread on DP.
But if the said money got reversed actually then paypal surely sent you an email for that as its must. DON.
No, i have not been sent any email as far as reveersal is concerned. I got a call from Paypal Philippines sometime in evening, she sighted to me some RBI India norms and said that payments have been reversed. Since its was governmental norm of no more than $500 per transaction it was meant to happen. The complete reversal details are mentioned in my paypal account and it says that reversal process has 'Completed'.
Paypal should send you a notification email. If you have not receive any email, maybe you can check your email notification setting. I have also disabled the email notification by mistake
You should contact first buyer and explain the situation if he is not ready to give money back you can complain to paypal