If you're a PayPal user, you may have noticed that the company has been making some changes lately. One of those changes is the introduction of a new "Refunded Payments" service. This service allows users to get their money back if they've made a purchase using PayPal and the seller doesn't deliver the goods or services as promised. This is a great addition for PayPal users, as it offers them some protection against fraud. However, it's important to note that the Refunded Payments service is not available for all transactions. In particular, it only applies to transactions made using PayPal's "Goods and Services" option. This means that if you make a purchase using PayPal's "Friends and Family" option, you will not be able to get a refund if the seller doesn't deliver as promised. So, what does this all mean for you? If you're a PayPal user, be sure to familiarize yourself with the company's new Refunded Payments service. And, if you're planning on making a purchase using PayPal, be sure to use the "Goods and Services" option to ensure that you're protected in case the seller doesn't deliver.
If you're refunded through PayPal, the money should go back to the original payment method. If you paid with a credit or debit card, it will go back to that card. If you paid with your PayPal balance, it will go back to your PayPal balance. If you paid with a bank account, the money will go back to your PayPal balance, and from there you can withdraw it to your bank account.
Overall, PayPal is a great money transfer service that is convenient, fast, and secure. However, there are a few drawbacks to using PayPal, such as the fees associated with sending and receiving money. Additionally, if you need to get a refund for any reason, it can be a bit of a hassle. But overall, PayPal is a great service that is worth using.