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by abc126589 2147 days ago
PayPal also keeps the fees when a refund is issued https://www.theverge.com/2019/9/20/20876570/paypal-refund-fe...
2 comments
gamblor956 2147 days ago
Important difference: with Paypal, the seller decides to issue the refund, not Paypal unilaterally (except in cases of alleged fraud), and the seller can determine how much of a refund to provide.
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edoceo 2147 days ago
Hmm, when I use PP to refund to my clients, PP returns the fees - it's a line item in the ledger.
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poxrud 2147 days ago
That cannot be true or maybe you have a grandfathered account, as paypal absolutely does not refund the percentage fee. Same with Stripe.
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edoceo 2147 days ago
My account is a five year old business account. My most recent refund I issued was Aug 2019. A line item on the PayPal statement was called "Fee Reversal" for $12.46 USD

However, a read of their current policy shows it's no longer the case - so I'll likely get dinged on my next refund.

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