“This language was never intended to be inserted in our policy. PayPal subsequently backtracked and apologized for the causing confusion. The company’s shares were down nearly 6% after the new policy, Reuters reported. The funds should be returned immediately if not within 4 days.PayPal’s new policy came under fire on social media after the company updated it to include a $2,500 fine for expressing what it deems misinformation. What Happens After a PayPal Transaction is Cancelled?Īfter you successfully cancel a PayPal transaction, the funds will appear back in your PayPal account whether or not the original payment was paid via bank funds or PayPal funds.
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