I received a payment for an ebay sale in PayPal and had that money transferred to my bank account. After that was done, the buyer initiated a chargeback resulting in a negative balance in my PayPal account. Will PayPal automatically deduct the funds out of my checking account and put them on hold until the chargeback is resolved or do I need to do this?
My concern is that I purchased something through PayPal and the seller has not claimed that payment yet. Will this negative balance mess up the payment I’ve made to that seller?