How fast and responsive has become today's internet services is clearly evident in our day to day life. Tasks like sending and receiving money to and from various contacts have turned into a tiny piece of work. In urgent cases, it seems good when we send money successfully to the right person or account. We can't help but admire today's fast internet services and payment applications. Using smart mobile applications to manage money is good and effortless as long as the user doesn't make mistakes. More specifically, if we talk about the most common thing that people do time and again is to make accidental transactions. Hence, it is vital that you stay alert and watchful while browsing online banking and sending payments or paying bills. But, if you already have made a mistake and are wondering "how do I cancel a PayPal payment and get a refund", don’t be afraid of contacting us.
Experts available at the resolution center can guide you precisely and lead you to get back your refund. If you are not in a hurry, you can take a minute to read this problem-solving post. In this post, we will walk you through the best things to do to cancel a PayPal transaction as soon as you realize your mistake.
How do I cancel a completed PayPal payment?
The complete transaction is the situation when any user sends money by following the step by step procedure. And as soon as the first user verifies the transaction and the next moment the recipient on the other side receives the amount. It does not matter whether you send money intentionally or unintentionally, but the uncomfortable truth is that you can't cancel such payments.
But, if you think this is a fraud and you have been scammed by someone, you can report it as unauthorized payment. We recommend you immediately get in touch with a PayPal representative. According to the PayPal refund policy, any users can request for refund within 180 days from the date of the transaction. On the other hand, there is another scenario where the PayPal payment is under process and you want to cancel it. Find below the more information.
You will be glad to know that - Yes, you can cancel a PayPal payment to friends and family. This is the condition that demands quickness and agility. Without giving it a second thought, you must follow the below-mentioned steps on the computer as well as a mobile app:
Log in to your PayPal account on PC.
Select the activity tab available at the home screen. On the mobile app, press the three horizontal dots and then select an activity.
Here comes a screen that lets you see all of your old and recent transactions.
Scroll down and up to find the unwanted transaction.
Right here in the payment column, you can see an unclaimed status. It means you can cancel this transaction.
Now hit the drop-down menu available in the action tab.
Hit the cancel payment tab.
Now you will get a confirmation message on the screen for successful cancelation.
This is how simply you can discontinue an unclaimed transaction on PayPal. And as far as the refund is concerned, you don't have to worry because money does not deduct from the user bank account as long as the transaction is pending. But, if you receive an amount deduction message from your bank, even then don't grow anxious. Why? Because in such cases the amount automatically goes back to the bank account.
That's the end of today's teaching: how do I cancel a successful PayPal payment. Also, we discussed the simple steps to cancel an unclaimed transaction and request a refund on PayPal. If any doubt is left in your body, immediately contact us.