Items tagged with (nyse:pypl)

PayPal doesn't have a stellar reputation among sellers thanks to some of its more aggressive payment policies. A recent announcement of changes to its user agreement has angered sellers who use PayPal, which revolves around how refunds are processed. Starting on May 7, 2019, when a seller issues a partial or full refund to a buyer or refunds a donation to a donor the fees originally paid as the seller are no longer returned. PayPal notes that there is still no fee to make a refund. Word of the refund policy change surfaced on Ecommercebytes, and the comments on the announcement are far from happy. Many sellers using PayPal on eBay mention that buyers routinely order something, only to change... Read more...