Paying with PayPal is a convenient and safe way to shop online, but there are a few things you should know if you want to cancel a pending payment. PayPal allows you to cancel a payment up to 72 hours after it’s been made, but there are a few important things to keep in mind. First, PayPal will charge you a cancellation fee of 2.9% of the total transaction amount.
Secondly, if you cancel the payment after it’s been processed but before it’s completed, PayPal will still charge you the 2.9% cancellation fee. Finally, if you cancel the payment after the payment has been completed, PayPal will charge you the full transaction amount, plus any fees that may have been incurred. Keep these things in mind if you decide to cancel a pending payment on PayPal.
