PayPal is a highly popular money-transferring platform. However, due to the number of transactions processed on the platform daily, there must be some way to categorize them to keep track of them.
This is what the function of the transaction ID is. Read on to find out the answers to all your burning questions regarding the PayPal transaction ID!
Is Transaction ID Unique Number for Everyone?
The transaction ID is a 17-character string of digits, including both numbers and letters. It’s a code that is not unique to a certain person and applies to all transactions but is a code that is unique to each transaction you make.
This code is used to track the process of the transactions and is also required when you request a refund from the merchant.
Every transaction you make on PayPal, whether a purchase or simply a money transfer to another account, will receive its unique transaction ID. When you want to see the details of your payments, you will have to check them using the transaction ID.
In addition, when you contact PayPal customer service about an issue with a transfer, they will also require your transaction ID.
Does it Ever Change?
The transaction ID is a code used to identify each transaction you make on PayPal. This means that no two transaction IDs are the same.
The transaction does not change, once payment is made successfully, and the money is transferred, the transaction ID is received and cannot be changed.
So, you can be assured that the transaction ID you keep for later reference will be the same no matter when you refer to it. Remember that each transaction ID is unique, so you can’t use the transaction ID of one transaction to refer to another.
Is the Transaction ID the same as a Receipt Number in PayPal?
On PayPal, the terms transaction ID and receipt number refer to the same thing. They are terms used to describe a unique 17-digit ID that identifies a specific transaction.
This transaction ID or receipt number is received upon successful transfer of funds. The ID number can then be used to track an order or request refunds if needed.
The ID can be easily found under the activity tab on your Paypal page. Once you have this number, you have access to all the details of your transfer and can take certain actions if required.
Can You Check Transaction Status with Transaction ID?
This is the exact function a transaction ID is meant to serve. Each transaction receives a unique ID that is required if you want to check the status of this payment or order.
The 17-digit code is different for each transaction, so you must know the specific one of the transfers you want to check the status of.
The receipt number also carries out this function. This code cannot be changed or repeated, so you can be sure that you are tracking the correct transaction if you have the ID. Once you have found the transaction ID, you are good to go.
Can PayPal Transaction ID be Shared?
The transaction ID is not necessarily a private number. It does not contain any sensitive or confidential information, so sharing it won’t cause you any harm. However, you should still be wary when giving out any sort of personal information.
This ID can only be used to track your transaction, and no modifications can be made since the ID implies that the money has been transferred successfully.
If the transaction ID of your order or payment does somehow get out, you shouldn’t be too stressed since not much can be done with it. It won’t reveal any private information to other people.
Final Thoughts on How To Find Transaction Id On Paypal
The 17-digit code you receive when you have successfully completed a transaction or a transaction ID is a code that will be required when you want to track the status of a transfer or request a refund for an order.
So make sure you know the transaction IDs of payments you wish to check on or refer to later!