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Read the email for selling the item.
Then it likely didn't go through.
With online payments and this happening, what ACTUALLY occurs is that the payment doesn't go through but because there are sometimes backup corrections that can happen overnight, your money hasn't left your accoutn but is RING FENCED so you can't use it again.
Check again tomorrow and see if the funds release.
No, it's NOT gone.
Again that's not how it works.
When a payment fails, it still is in your account. You just are unable to use it, as the bank/provider ring fences it so you can't use it in case it fixes itself through the nighttime procedures.
What you CAN do (assuming you're not using a third party payment processor and are using a well recognised bank card) is give the bank a call, and if their staff are well trained, they can see the failure and release the funds for you, cancelling the transaction.
But in any case, come tomorrow, you're likely to get the funds released anyway. That's also how you would know the money never left in the first place - because it couldn't arrive back in that time.