Did your $1.12 overcharge result in having several thousand dollars withdrawn from your account, just days before your principal bills (mortgage/rent, car payment, other loan payment... etc.) are due, then have to wait anxiously hoping said funds would be returned? No it's didn't... My situation albeit not to this level, resulted in nearly $475 (total between the 8 errant charges, then 8 overdraft charges, +1 overdraft for an unrelated bill being paid) withdrawn from my account. It started on July 20... Despite several Phone calls to PayPal, Apple CR, and my bank, including a couple of conference calls, and several verification emails (including one identical to the front page of this article) the funds STILL have not been returned.
So before you go piping off about how insignificant your $1.12 overage was, and we should all just move along, think that those in our shoes have dealt with a lot of stress and frustration because of a 'glitch'. Yes the money is removed "immediately" via electronic transfer, but the refunds may as well be tied to a carrier pigeon coming from Europe in a headwind.
Enjoy your bananas...