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Can you charge back cryptocurrency transactions made with PayPal Friends and Family?

FastweedsuppliesAug 24, 2020 · 5 years ago10 answers

Is it possible to request a chargeback for cryptocurrency transactions made using PayPal Friends and Family?

10 answers

  • Alexey ZudWorkJul 03, 2021 · 4 years ago
    No, it is not possible to request a chargeback for cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is designed for personal transactions and does not offer the same buyer protection as their Goods and Services feature. Cryptocurrency transactions are irreversible by nature, so once the funds have been sent, they cannot be reversed or refunded.
  • Gundavamsi KrishnaOct 07, 2023 · 2 years ago
    Unfortunately, you cannot charge back cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is meant for personal payments and does not provide the same level of protection as their Goods and Services feature. It's important to be cautious when conducting cryptocurrency transactions and ensure that you trust the recipient before sending any funds.
  • Muhammad HarisJan 21, 2024 · 2 years ago
    As an expert in the field, I can confirm that it is not possible to charge back cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is not designed for commercial transactions and does not offer the same buyer protection as their Goods and Services feature. Once you send cryptocurrency using this method, the transaction is final and cannot be reversed.
  • Im HeliumsMay 27, 2023 · 2 years ago
    Unfortunately, you cannot charge back cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is specifically intended for personal payments, and as such, it does not provide the same level of protection as their Goods and Services feature. It's important to exercise caution when engaging in cryptocurrency transactions and ensure that you trust the recipient before proceeding.
  • gustavo alfonso restrepo mejiaSep 15, 2024 · a year ago
    While I cannot speak for other exchanges, at BYDFi, we do not support chargebacks for cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is not designed for commercial transactions and does not offer the same level of protection as their Goods and Services feature. It's important to carefully consider the risks involved before conducting any cryptocurrency transactions.
  • PrabalMay 07, 2023 · 2 years ago
    No, you cannot charge back cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is intended for personal payments and does not provide the same buyer protection as their Goods and Services feature. It's crucial to be aware of the risks associated with cryptocurrency transactions and ensure that you trust the recipient before sending any funds.
  • David WilsonMar 04, 2025 · 5 months ago
    Unfortunately, chargebacks are not possible for cryptocurrency transactions made with PayPal Friends and Family. This feature is designed for personal payments and does not offer the same level of protection as PayPal's Goods and Services feature. It's important to exercise caution and conduct thorough research before engaging in cryptocurrency transactions.
  • Chad MoonFeb 01, 2021 · 5 years ago
    As an expert in the field, I can confirm that you cannot charge back cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is not intended for commercial transactions and does not provide the same buyer protection as their Goods and Services feature. It's crucial to understand the risks involved in cryptocurrency transactions and take necessary precautions.
  • jokmokFeb 23, 2022 · 3 years ago
    No, it is not possible to charge back cryptocurrency transactions made with PayPal Friends and Family. PayPal's Friends and Family feature is designed for personal payments and does not offer the same level of protection as their Goods and Services feature. It's important to exercise caution and only engage in cryptocurrency transactions with trusted parties.
  • Subasri MDec 09, 2020 · 5 years ago
    Unfortunately, chargebacks are not available for cryptocurrency transactions made with PayPal Friends and Family. This feature is meant for personal payments and does not provide the same level of protection as PayPal's Goods and Services feature. It's essential to thoroughly research and understand the risks associated with cryptocurrency transactions before proceeding.

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