Refunds on creditcards - how long is the wait and why cant i see any history of it?
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I recently returned an item back to the seller for a full refund. I bought the item on Ebay using Paypal. Once the seller received the item, he then refunded my money back to paypal because thats what I used to buy the item. Paypal then sent me an email stating that the seller has given me my full refund. I logged in to my paypal account but I dont see any history or activity or transactions being done to show that my money has been refunded. I didnt use a paypal balance to pay for my purchase, I used a creditcard. I know that the money will be refunded back to my card rather than to my paypal account, but I want to know why I can't see some sort of activity/history being done or proof to show that paypal acknowledge the refund from seller. Shouldnt paypal have some sort of alert to tell me that a refund has recently been issused? I have zero alerts, and zero history in my transactions. I dont get it, and again I know that the credit card will be the thing being credited, but since I used Paypal to buy the item, shouldnt paypal have some sort of acknowledgement to show that a refund has been done?
But anyways, how long does it take for my bank statement to change? Whats the avarege time till my refund appears on my bank statement?
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