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Hi
Does anyone know what happens to the money received from returned items (ie reimbursed money from a seller)?
I just cannot understand if PayPal is including this in their calculation, or the money is put aside until you do something with it yourself.
I returned many items over the last couple of years, but cannot see what PayPal did with that money.
Thanks
Bash
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If you funded the original Paypal payment to the seller from your bank account or a card then once marked refunded/completed it will automatically go back to that bank account or card.
Normally it can take a few days up to a week to go back to a bank account and a bit longer for a card, Paypal say allow 30 days for a card (1 billing cycle) but its rarely that long.
(Can vary according to country though).
https://www.paypal.com/uk/smarthelp/article/FAQ1212
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If you funded the original Paypal payment to the seller from your bank account or a card then once marked refunded/completed it will automatically go back to that bank account or card.
Normally it can take a few days up to a week to go back to a bank account and a bit longer for a card, Paypal say allow 30 days for a card (1 billing cycle) but its rarely that long.
(Can vary according to country though).
https://www.paypal.com/uk/smarthelp/article/FAQ1212
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Kudos / Solution appreciated.
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What happened if you have paid for the item using PayPal credit?
How will this show in the statement?
Thanks
Bash
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Did you bother to read the link I posted?
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Hi Kerno
Thanks a million. I just checked the link you sent and this has all i need to know.
Best regards
Bash
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