If it doesn’t, that means the transaction has been completed and is therefore irreversible. If it does, then that means your transaction is either Pending or Unclaimed, in which case you can still cancel it. Once you find the particular transaction that you want to cancel, you should check if the transaction has a Cancel link. From there, you should be able to find the transaction that you want to cancel. This page features a complete list of all of your past transactions. Sign in to your PayPal account and click on the Activity tab option, followed by the “All Transactions” option.
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