Pending refund
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
@Ianmcg
https://www.paypal.com/us/selfhelp/article/i-want-a-refund.-how-do-refunds-work-faq3248
A seller can ONLY refund via funds already in their paypal balance OR via their bank account as an echeque which takes 5-7 WORKING days to clear.
The reason it takes a while is this....
When you PAY someone from your bank account it is never instant > Paypal CREDIT them the funds and Paypal take the 5-7 days wait for the funds to transfer to Paypal to pay them back....thats why your seller is paid instantly.
BUT when you are refunded paypal don't CREDIT the refund in advance. You have to take the wait this time for the funds to transfer from the sellers bank account to Paypal > then you are credited the refund.
Advice is voluntary.
Kudos / Solution appreciated.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Idiocy and Regrets in Managing Account Archives
- Got someone sending me money asking for payment to recieve in Transactions Archives
- Issued refund but had money taken from my account instead. in Transactions Archives
- iFastNet Refund Sent to PayPal on Hold - Confusion Over Shipping Details for Personal Account in Transactions Archives
- Money sent to a closed account and account not accessible but i was refunded to that account in Transactions Archives