Monzo.me reversal

Help
#1

I’m selling something shortly and planning to use monzoDOTme. Is it possible to reverse a monzoDOTme payment, as the payer?

I am aware that a bank transfer is essentially irreversible once in the recipients account.

Is monzoDOTme counted as a bank transfer, or a debit card payment (since you enter card number and CVC)?

Note I’ve written monzoDOTme because new users can apparently only include 2 links in their post!

#2

Hi,

Welcome to the community,

It’s considered a card payment.

It’s like any card payment, technically it can be charged back, and a bank could do it if they see proof of fraud for example.

Although with a private sale the buyer doesn’t have the usual consumer rights, and the item is sold as seen, so circumstances where a bank could charge back are limited.

Hope that makes sense.

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