how can you get your money back if you send a p2p payment to the wrong person??

TLDR: If you send a P2P payment to the wrong person, your best chances for recovery include contacting the recipient for a refund, canceling the payment if possible, and reaching out to the P2P platform or your bank for assistance. Preventive measures, such as verifying recipient details, can help avoid future mistakes.

When you accidentally send money to the wrong person via P2P payment platforms like PayPal or Venmo, retrieving the funds can be quite challenging. The first step is to contact the recipient directly and politely request a refund. If the payment is still unclaimed or pending, you may be able to cancel it through the platform's interface. If the payment has been completed, reach out to the P2P platform's support team for assistance, although success may vary based on their policies.

If these steps do not yield results, consider contacting your bank for potential transaction reversal options, especially in cases of fraud. Additionally, reporting the incident to the Consumer Financial Protection Bureau (CFPB) can escalate the issue. To prevent future errors, always verify recipient details before sending money and limit transactions to individuals you know and trust.