Subject:
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Re: Paypal question
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Newsgroups:
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lugnet.market.services
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Date:
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Wed, 26 Mar 2003 18:17:12 GMT
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Viewed:
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2902 times
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In lugnet.market.services, Jude Beaudin writes:
> If I have a $0.00 balance in my account, and I make a payment, it will be
> charged to my credit card. Is that considered a CC transaction or a cash
> balance transaction for the person receiving the funds?
>
> Jude
Depends what you mean by 'I make a payment'. You have to select a funding
source. You'll see something come up as the default source, but you could
always change it between different credit cards or an instant transfer from
your bank account, depends what you have set up as funding options.
If you select CC then that's what it would be for the recipient. An instant
transfer has a cc as a backup but that would only be used if the bank
transfer fails.
Actually, has any seller out there ever seen that happen? Buyer sends
payment as an instant transfer but the transfer fails and the buyer's credit
card gets charged instead. Does paypal come back after the fact and charge
the seller additional fees because it is now a CC transaction?
HTH,
John
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Message is in Reply To:
 | | Paypal question
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| If I have a $0.00 balance in my account, and I make a payment, it will be charged to my credit card. Is that considered a CC transaction or a cash balance transaction for the person receiving the funds? Jude (22 years ago, 26-Mar-03, to lugnet.market.services)
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