Posted - 11/19/2019 : 14:26:10
Starting in October 2019, PayPal no longer refunds up to ~3% in processing fees when you cancel and refund an order.
If your store refunds many orders, you may want to configure PayPal as "Authorization" instead of "Sale" through the drop-down box on the admin payment processor page.
This gives you the option to capture the funds only after checking the order, verifying the shipping address, etc.
Should you need to cancel an order, you don't capture the funds and PayPal doesn't charge you any fees.
PayPal was charging us close to $15 every time we cancelled a $500 order, so we're grateful that Dave pointed this out in a different thread.
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