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Business & Finance » Small Business » PayPal Negative Balance?




PayPal Negative Balance?



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Author Post
Member
Lets say, I have $10.00 on my paypal balance. I won something on eBay for $20.00? Is it possible to still go throught the purchasing process? Will negative credit be shown? What happens while in negative credit and can it give you bad reputations or credit?
Member
So off topic but i had no other way of contacting you. can i send you an email or something?
Member
They will take the other 10 dollars out of your bank account linked to your paypal account
Member
no.
paypal is not a finance company.
its just a medium for transfering funds.
Member
Paypal is just a payment gateway. Any trasaction to and out from your Payapl account is strictly in accordance to the terms and conditions. One of the condition is your Paypal account must have a valid credit or charge card attached to it.
When you account has a balance of $10.00, you still can make a purchase of $20. What Paypal does is it will debit your balance of $10.00 from your account PLUS debit $10.00 from your credit or charge card. After that, your account balance will show ZERO.
On ther other hand, if your credit or charge card is not linked to your Paypal account, your transaction will failed due to lack of fund.
Hope this help
Member
no
Member
If you have a back-up funding source such as your bank account it will draw the remaining money from that.


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