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Refund to card

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Refund to card

I sent a payment to a friend but mis typed their email address. I cancelled the transaction and it was refunded to my bank.. how long does it take for the money to arrive back?

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Volunteer Advisor

Re: Refund to card

@rwatkin94

 

When you cancel a payment (as the seller/receiver can't accept it), those funds can't do a u-turn they have to process through to paypal who will then either return them to your funding source (if you paid with a debit or credit card), or credit your paypal balance (if it was funded from your balance or instant bank transfer), but that takes a few days and sometimes up to a week.

1 REPLY
Volunteer Advisor

Re: Refund to card

@rwatkin94

 

When you cancel a payment (as the seller/receiver can't accept it), those funds can't do a u-turn they have to process through to paypal who will then either return them to your funding source (if you paid with a debit or credit card), or credit your paypal balance (if it was funded from your balance or instant bank transfer), but that takes a few days and sometimes up to a week.