When you send a refund through PayPal do they return the fees they deducted to you?
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Yes, you’ll get the fees back.
You’ll have to process it as a refund, though, by opening the transaction and clicking on “Refund”.
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Thanks, Amy.
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I think if you provide the refund, you get accredited the fees. Not the buyer.
yes !
The buyer never paid any fees. The buyer gets their money back, and the seller gets their fees back.
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Yes but all the money doesn’t go to them your account get credit. For instance if fees were $.30 of a $1 the buyer would get $.70 and you the $.30 if I recall correctly.
No. Everything goes back as it was before the transaction. The buyer gets 100% of their money back and the seller is refunded the fees. It’s as if the transaction never happened.
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But I am confused what fees are being refunded. Where are they coming from? Because I once refunded and $.52 was placed into my account and the buyer received $29.48 or something like that.
Actually, the seller is CREDITED the fees.
Example:
Buyer pays $100
Seller receives $93 ($100 less $7)
PayPal receives $7
Upon refund:
Seller’s account is deducted $93 ($100 less $7)
PayPal pays the fee back - $7
Buyer receives $100
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