PayPal has a new policy in place, just implemented past month or so. If you refund a buyer, no matter the reason, PayPal keeps the initial fees. It’s crap.
(Topic ID: 258246)
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Never accept PayPal for a large payment. Cash or bank wire transfer only. Small businesses, like ours, are hostage to PayPal. We are charged PayPal fees for returns. Vid discusses all of this in his thread.
Quoted from bonzo442:My daughter needed some money & she’s in a different state so she told me to use zelle which I used through my Chase account but I think both parties have to be chase customers. No fees but I don’t know all the in & outs/limits even if both parties happened to have chase accounts on a pin sale
Zelle can be used across many banks now. It’s instant in most cases and can not be reversed. No fees, but there are daily limits, usually pretty low, like $1000.
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