PayPal is an alternative that you usually use to make payments or make other online transactions.
Like bank accounts, m-banking or other digital wallets, you can also use PayPal to transfer some money to someone else.
However, because it is available online, no one guarantees its safety is 100 percent. You could be a victim of fraud or there may be a mispayment. Fortunately, you still have hope of taking back your PayPal funds.
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If you feel you have been tricked by someone or a default occurs, PayPal will let you cancel the payment only if the recipient has not claimed the payment. In this case, you simply click the button on PayPal's website, and your money will be credited back to your account.
PayPal will also automatically return the money to your account, if you accidentally send money to an email address that does not have a PayPal account, or the email address associated with the PayPal account is not confirmed.
Unfortunately, most PayPal payments are instant, meaning that payments are claimed to be fast. That way, that means, you don't have many opportunities to reverse your transactions.
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How to Cancel PayPal PayPal Pay Pay PayPal
If your payment has been claimed, then you cannot cancel it using the above method. However, there are still some ways you can try to get your money back.
The first most likely way is to ask the recipient for direct refunds personally. If they agree, then your money may be refunded.
But, if the recipient refuses to return the payment, and you feel you have been cheated, you can file a complaint with PayPal, which will then be reviewed by PayPal.
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