

For instance, hold on credit card payment is done to prevent chargebacks, ensure that the cardholder has sufficient funds, etc. However, when it comes to PayPal, the term has the same meaning but a different purpose. If you are a cardholder, you should be familiar with the term “Pending transaction”.
#Cancel paypal transaction how to#
As a PayPal user, one of the issues you’ll face while using this platform will be understanding how to end a pending transaction. PayPal users are individuals who have PayPal accounts and use them to make transactions. This online payment platform has made it quite easy to conduct cross-border payment. PayPal is an online payment system that supports online money transfer-leveraged by lots of individuals and business owners. How To Cancel a Pending Transaction on Credit Card? How To Cancel a Pending Transaction on PayPal? Let’s take a good look at how to call off such payments and get a refund. Your bank may not be of help since the transaction is between two PayPal users.

So, rather than contact your bank to dispute a pending PayPal payment, you should follow the steps outline in this article. Here, the purpose of the hold is quite different. Mind you, the way a pending payment works on PayPal is different from how it works on credit and debit card purchases.
