How does Paypal deal with refunds

sagecelt
Contributor
Contributor

What happens when a refund is made for a payment made by Paypal using my CC.  Paypal says the transaction is completed but the refund does not appear in my CC transaction list.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@sagecelt 

 

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/smarthelp/article/FAQ1212


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Kudos / Solution appreciated.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@sagecelt 

 

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/smarthelp/article/FAQ1212


Advice is voluntary.
Kudos / Solution appreciated.
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