paypal policy update with new fees

[altimateoutlet]

May 19, 2020. Merchants refunding a transaction to a buyer, the original fees paid will no longer be returned to the Merchant  :))  

[kensgiftshop]

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@altimateoutlet wrote:

May 19, 2020. Merchants refunding a transaction to a buyer, the original fees paid will no longer be returned to the Merchant  :))  

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Pay Pal quit refunding their fee's a little while back.

[corvettestainless]

They moved the date to October or November of last year, but yes, it's true. 

[pburn]

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@altimateoutlet wrote:

May 19, 2020. Merchants refunding a transaction to a buyer, the original fees paid will no longer be returned to the Merchant  :))  

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This was originally announced in May of 2019. PayPal stopped refunding the original fees in maybe November of 2019 (IIRC).

Where did you come across an announcement that involved May 19, 2020? Can you post a link to whatever source you were reading?

[mam98031]

Here is the email PP sent out on 9-20-19.

Earlier this year, we notified you that we were updating our User Agreement to change our refund policy. We want to let you know that the policy change is going into effect beginning on October 11, 2019.

In line with industry practice and according to our updated policy, we will not charge a fee to process refunds, but the fees from the original transaction will not be returned. This policy will not apply to duplicate transactions, voids and most disputed transactions. You can review the PayPal User Agreement for more information on our return policies.

We only adjust our policies when we are confident the changes are fair and aligned with the value that our services provide to your business.

PayPal brings you more than just payment processing – your business has access to our platform’s full suite of tools, products and support built to scale with you, such as customized invoicing to help you get paid sooner, access to business loans, world class fraud monitoring, seller protection for eligible transactions, and business services designed to simplify your day-to-day operations.

PayPal invests in bringing you buyers – with over 268 million active account holders worldwide, PayPal works hard for your business to make sure we continue to bring your buyers the shopping experiences they have grown to associate with our brand. PayPal is the most-used digital wallet** and PayPal shoppers complete their checkout 88% of the time on average, helping you close more sales.+

If you have questions about any of these changes or your account, please don’t hesitate to get in touch with us.

Thank you for being a PayPal customer. We appreciate your business and look forward to continuing to help you grow and succeed in the future.

The team at PayPal

[mam98031]

Below is a link to the entire PP policy update recently sent out.

https://www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full?utm_source=epsilon&utm_campaign=A_EP...

[loveyourimagination49]

Maybe Canada is different.

[mansons2005]

"Maybe Canada is different. "

I can say, with no irony, ill intent, or sarcasm, that, YES! Canada is different...............I'm not sure about their PayPal policies though...............