Timelines for reversals and refunds

ChanceSkeleton
Contributor
Contributor

How long does a refunded or reversed transaction take to have the funds appear in my account? Several transactions are/were disputed over the last couple days with a couple resolutions flagged as refunded and reversed. The funds have cleared my bank account and I would like to know when I can expect the funds to be put back into my paypal account so I can transfer it back into my bank account.

 

Thanks!

Login to Me Too
2 REPLIES 2

snowshoe
Frequent Advisor
Frequent Advisor

Here's a few details:

 

If you paid using your PayPal Account Balance or Bank Account, the refund is credited back to your PayPal Account Balance. Times can vary for many reasons, it can take from 1 day to several days depending on the funding source used by the party doing the refund.

 

If you paid using a credit card, the refund is credited back to that card. That process can take up to 2 weeks for the credit to appear on your card statement.

 

If you paid using a prepaid type card, the refund is credited back to that card however, as many cards are not reloadable, you have to contact the card issuer for assistance with getting the credit reapplied to the card

Login to Me Too

ChanceSkeleton
Contributor
Contributor

Hello Snowshoe,

 

Thanks for the information. The reason I am a little weary is because the transactions in question in my account were all due to fraud. 2 of the 3 transactions have resolutions in my favor, but I'm still out the funds from a cash flow perspective. I will continue to monitor the situation until it is resolved. This information helps in setting my mind at ease a little bit.

Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.