Cancelling refund to visa

ImUsingWhatsapp
Contributor
Contributor

I requested a refund from a merchant and they have issued it. Is there a way I can keep the money on PayPal balance instead of waiting for it for 5 business days to reach my bank account?

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2 REPLIES 2

kernowlass
Esteemed Advisor
Esteemed Advisor

@ImUsingWhatsapp 

 

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. 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/us/smarthelp/article/FAQ1212

Also you can't hold a balance in your country as all funds that go to your balance are auto-withdrawn to your visa card.


Advice is voluntary.
Kudos / Solution appreciated.
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ImUsingWhatsapp
Contributor
Contributor

Thank you @kernowlass.

I have one more question if you know the answer I'd be grateful.

When I bought the item, the statement that appeared in bank is "PAYPAL Gaming card from *Merchant*", does PayPal give out more information during the refund like stating exactly what item I bought?

 

 

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