How long does a PayPal refund take?
If you’re using PayPal as a means of online payment, you may come across this question.
When it comes to online payment or receiving money online, merchants usually use PayPal cause it is one of the secured and fastest means of online payment.
When things go wrong, especially in terms of bad services or poor quality products, the buyer can request for refund.
This is usually the question of how long does a PayPal refund take.
How long will I have to wait to receive my PayPal refund to my bank account?
I’ve done this several times especially if the product I bought is of poor quality or the services I received from a merchant are way too poor.
I do ask or request a refund immediately from the merchant.
How long does a PayPal refund take
So here’s the question:
How long does PayPal take to refund?
The general answer is three to five working days and mostly depends on your bank.
This is in the case that you used your debit card to make online through PayPal.
Not only if you use your debit card, even if you use your credit card, be rest assured that you’ll receive the money within three to five working days.
If I say working days, it means from Monday to Friday, Saturday and Sunday not included.
In the case of a Paypal refund to a debit card, PayPal will refund the amount you paid to the merchant back to your debit card which in turn goes back to your bank account.
For example, I paid a merchant through PayPal the sum amount of $150 for a service.
After the two months I noticed that the service isn’t completed and still on pending, I got annoyed and requested for cancellation and a return.
The merchant quickly accepted it and refund my PayPal account. It didn’t show on PayPal balance, but rather after three days I got a credit notification from my account about the refund.
When I checked my bank account balance, I saw that PayPal has transferred the money to my bank account which I used to pay the merchant.
What I’m trying to say is that you don’t need to be afraid if PayPal money refunded will not go straight into your bank account.
It will as long as you used the debit card in making the payment and the debit card is linked to your PayPal account.
How long does it take for a PayPal refund to show in your bank account?
Within three to five working days. In the case of a delay caused by PayPal or your bank.
It shouldn’t take more than seven working days, and If it does, please don’t hesitate to contact your bank.
Paypal refund time
This same goes with how long does it take for PayPal to refund.
But if it is to say PayPal money refunded time, it does not have an actual time frame but many a time the refund appears during working hours.
That is from 8 am in the morning till 6 pm in the evening. But usually, the refund happens from 9 am in the morning till 5 pm in the evening.
I hope I’ve answered the question on PayPal refund time.
Next is how to refund on PayPal and this concern the merchants who use PayPal as a means of receiving their earnings online.
If a customer requested a refund of his or her money, how do you go about it?
This is why PayPal is a good option to receive money online cause to refund money doesn’t take stress or time.
How to refund on PayPal
First and foremost login to your PayPal account using your login details.
Please i would require that you do this using your pc though mobile or mobile app is still pretty okay.
When you log in to your PayPal account, look on the navigation menu and you’ll see where it is written “activity”, kindly click on the link.
This brings you all the activity that occurred on your PayPal account.
Kindly scroll down to the payment which you want to refund and tap on the name of the payer. You’ll see where it is written “refund this payment” and tap on it.
This is written under the total amount which the customer paid to you.
The next window is to enter the amount that you’re to refund the customer and finally click on “issue refund”.
And that’s it.
The money will be reversed back to your customer account. Your customer will receive a notification for the PayPal money refunded and should notify you of that.
How to get a refunds on PayPal account
On the customer’s side, you don’t need to do anything when it comes to PayPal money refunds.
All you have to do is to request from the merchant the payment you made to him or her, and wait for the refund to show up in your bank account.
If you request a refund and which the merchant did and you received a message about the refund but didn’t see it on your account balance, you don’t have to worry about that.
This is in the case of PayPal money refunds not showing on PayPal account balance.
Maybe you requested a refund and after everything is done, you checked your PayPal account and saw $0.00 balance.
Please don’t panic, the money will go straight to your debit card and bank account which you used in making the payment.
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For those of you that can’t receive PayPal earning into their savings account due to the restriction imposed on PayPal, this is actually a different case.
As long as you use your account in making payment on PayPal, and through your debit card or credit card, when the issue of a refund comes up.
PayPal will automatically refund the money back to your savings account.
Once again, how long does a PayPal refund take?
The answer is three to five working days or a maximum of seven working days. If it goes more than that, don’t hesitate to contact your bank.