Quick Answer: What Happens When Money Is Refunded To My PayPal Account?

When money is refunded to PayPal where does it go?

If you paid with your bank, the money is refunded to your PayPal account and then automatically transferred to your bank account.

If you paid using PayPal Credit, the amount is refunded to your PayPal Credit account.

If you paid with a debit card, the amount is refunded to your debit card..

How long does it take for a PayPal refund to go back on your card?

Refunds to credit/debit cards usually takes 2-5 business days, however it can take up to 30 days depending on the card company involved. If you paid with PayPal balance, the money is refunded to your PayPal balance.

How do I get my PayPal refund into my bank account?

Transferring PayPal Refund to Bank Account:Log into your PayPal account here.Be sure your bank account is linked to your PayPal. … Click Transfer Money (below your PayPal balance)Select Instant or Standard Transfer (depending on which your account allows) in the drop-down menu.More items…

Why isn’t my PayPal refund showing in my bank account?

Pending: If your refund status is Pending, It could be because PayPal has not yet received the funds from the buyer’s bank for the Instant Transfer, or that the seller issued an eCheck that has not yet cleared from their bank. It usually takes 2-7 business days for the money to become available in your PayPal balance.

How long does a refund take to go back on your card?

What is the usual time frame for a refund? A debit card refund takes a couple of days to process. In fact, the time frame is generally between 7-10 business days. In the best-case scenario it could take up to 3 days depending on your bank.

How do refunds work on PayPal?

You can spend the money in your balance or withdraw money from your PayPal balance to your bank account. The amount you paid with your card is refunded to your card, and the remaining amount is sent to your PayPal balance. If the refund can’t be applied to your debit card, it will be sent to your PayPal balance.

Do PayPal refunds go back to debit card?

Debit card: your refund will go to your debit card. It may take up to 30 days for the refund amount to appear on your card statement. If the refund can’t be applied to your debit card, it’ll be sent to your PayPal account.

Is PayPal refund instant?

For purchases made with your credit or debit card, the refund can take up to 30 days to show up on your account. If you bought the item using your bank account or PayPal balance, the balance will be credited to your PayPal account. Funds can take three to five days to arrive in your account.

How long does a Cancelled payment on PayPal take?

It may take up to 30 days for the card to be credited. If you sent your payment using a bank account and the payment is canceled, it will be refunded to your PayPal balance. If the payment has not cleared your bank yet, please allow 3-4 business days for the money to appear in your balance.

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