Am I the only one who didn't know Paypal payments could be reversed? I ship same or next day for cash, USPS money orders, and Paypal instant payments. I think most people do. I delay shipping for checks (even cashier's) and non-UPSP MOs.

Today, I got this from Paypal:
...............................................................................................
We were recently notified that a payment you received was reversed by the buyer’s bank. A bank reversal can be requested by the bank itself or the bank account holder.

As a result, the following transaction has been reversed:
Transaction Date: Jan. 3, 2008
Transaction Amount: $8.37 USD
Buyer's Email: ----------@hotmail.com
Buyer's Name: Chris S.
Your Transaction ID: 3DH743928........
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Fortunately, not a lot of money involved. I've emailed the buyer asking for him to resend his payment. Not holding my breath. He's been an eBay member for six years, has 5 Feedbacks, all positive, but he has left zero FB messages for others. The auction ended Dec. 19th, and the payment finally arrived Jan. 2nd (shipped next day).

I wish I knew whether it was the bank or the account holder who reversed the payment.

It always takes my bank (WAMU) about two weeks to inform me when a check I deposit bounces. If buyers can reverse Paypal payments, how are they any different from checks? I'm in shock sitting here thinking about the dozens of items I've shipped all over the globe in the last few weeks and wondering if their Paypal payments might be reversed.

Sue