So you just sent a PayPal payment but realized the amount was wrong? Or you suddenly decided that any amount was wrong and you no longer wish to send that given party any money? You can cancel certain types of PayPal payments easily.
On the other hand, some PayPal payments can't be canceled and your only recourse would be to ask for a refund or to dispute the charge with the company itself, if that's warranted.
Assuming you have sent a payment that requires the receiver to actively claim it, you may be able to cancel that payment and keep your cash.
Why can't I cancel a payment on PayPal?
In order to be canceled, payments must be in Pending or Unclaimed status. Since most PayPal payments go through instantaneously, this is most likely why you are unable to cancel a payment on PayPal.
PayPal automatically refunds pending and unclaimed payments after 30 days, so action is not necessarily required on your part if you send the payment to a non-existent email address.
How to cancel a PayPal payment
1. Log into your PayPal account and click on the tab Activity at the top of the screen.
2. Scroll down to locate the payment you want to cancel.
3. Click the word Cancel.
4. Click the Cancel Payment button to confirm.
