How does Paypal get away with this crap? I'm pretty upset about this one, but I'm gonna say lesson learned. Rant below... So I purchased a bass from the classifieds on saturday and in my G.A.S. induced haze I accidentally sent $1900 instead of the agreed upon $1850. The seller was kind enough to deny the payment and have me resend the $1850. Before I resent the correct amount, I got an email from Paypal saying that the $1900 payment was "denied" and that the payment was "not processed" and I was not charged. I also had a "refund" listed in my paypal account for the $1900. I resent the correct amount amount and contacted my bank to let them know I sent an incorrect amount. They said they had seen no charge for $1900, but the $1850 was there. That brings us to this morning. Not only was I charged $1850- Paypal also charged me $1900 for the "denied", "not processed" payment. The bank says to call Paypal. After 40 minutes on hold a Paypal Supervisor tells me in his best condescending voice that even though the seller "denied" the payment it was still processed the minute I clicked send, regardless of whether the seller accepted the payment or not. Meaning that I'm out the $1900 until "Paypal's process puts the refund back in my Paypal account". So, now it's 5 days I have to wait for that just to get back into my Paypal account.. and then the 2-3 days it takes afterwards to show up in my bank. I pressed the guy as to why they would send an email stating that I was not charged and that the transaction was not processed when in actuality it was. He just said "you have to wait for the refund process, It's a bank issue".... so you can take my money right then and there, but not give it back when the payment was denied??? And I was sent an email that clearly states the "transaction was NOT completed"?? Maybe it's my fault and I didn't read the fine print but this seems ridiculous. Long story short my bank said it's useless to have them open a dispute, it would take much longer to get my money back than to wait for the refund. Point of the story is if someone overpays you- just send them money back, don't deny the payment. A "denied" payment is not "denied" at all.