I received two refunds from a merchant who ran out of stock of the items I purchased. He promptly sent two refunds which were shown as completed by PayPal, but held. I checked my bank account (credit card was not used) and I see that the original payments I made to the merchant have cleared and have been processed. Not pending or in process, completed. That was on Nov 14th, today Nov 16th my refunds are still not available. PayPal is very quick to take payments, but why are refunds not processed when the original bank payment was shown as paid? I'm really irritated by PayPal for making customers wait so long even though everything has been completed. PayPal should really change this bad practice. Are they getting free use of our money so they can hold it a little longer? What gives?!
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