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TECHNOLOGY

How Long Does A Refund Take On Paypal – How PayPal Refund fast

Sunrise
Last updated: 2021/11/04 at 5:44 AM
Sunrise Published November 4, 2021

Let see How Long Does A Refund Take On Paypal – Getting your refund from PayPal may take a while, but you will definitely get your money back. This is a dilemma none of us want to deal with, but some of these situations are unavoidable when using online payment methods like PayPal.

When you make a purchase online, it arrives damaged, or you get the wrong size or color. Or the product does not match your expectations, whatever the problem is, you will need to return it and ask for a refund.

If you purchase a product through PayPal, you have options to return it, but you will need to have patience; there are several steps you will have to go through before getting your refund. When it comes to getting a refund from PayPal, two factors affect what it takes for your refund to reach; the human element and the PayPal system.

 When purchasing a product online and using PayPal, ensure to send payment as a purchase, not as a friend.

How you receive your refund on pay pal will depend on how you originally paid; if you made payments using your credit card or debit card, PayPal would refund you via your credit card or debit card. PayPal sends refunds immediately; your card company may take up to 48hrs to claim a refund and then 30 days to apply the credit to your account; the amount of time this process takes is up to your credit card issuer.

If you made a payment via a bank transfer, PayPal would place your funds back into your PayPal account balance. If the payment was refunded within 3-5 business days after payment, you might not see it immediately; this is because the bank transfer is still processed in the background; as soon as it is processed, it will be placed in your PayPal balance.

How To Request A Refund Through PayPal

If you want to request a refund, here are a few options for you to consider:

  • You can either request for refund by cancel payment option
  • Contact seller
  • Open dispute
  • File a claim

How to Cancel Payment on Paypal

You can cancel payments if it’s unclaimed and still pending, there will be a cancel link next to your payment activity,  to successfully cancel payment follow these steps:

  • Log in PayPal won’t the correct credentials
  • Navigate to your activity page
  • Select cancel payment.

If your payments status is still displaying pending for the next 30days, payment will be automatically canceled and you will get a refund.

Contact seller

You can request for refund by contacting the seller you made a purchase from, you have a minimum of 180 days to do this after purchasing an item. To find sellers contact information:

  • Go to summary page of your account
  • Tap on transaction
  • Use the contact info listed to contact rne seller
  • Ensure the seller access the transaction page and click on refund

Open dispute

If the seller is refusing to refund you or if you have tried contacting them but they are not reachable, you can open a dispute in the resolution center and communicate with your seller directly.

The two types of dispute are; items not received and items significantly not as described by the seller. The deadline for resolving the dispute is 20days from when you opened it.

How to File a Claim on Paypal

If the seller does agree to refund you can escalate by filing a claim, to file a claim

  • Go to resolution center
  • Access the dispute your want to escalate
  • Tap on escalate dispute to a PayPal claim
  • Follow procedures to file a claim.

Refunds are issued by the seller, not by PayPal itself. However, PayPal offers a purchase protection program to PayPal users who purchase products via the PayPal service.

 So in case you encounter a problem, you will have a way to get your money back. The purchase protection plan is only available for users who use PayPal to make purchases; if you send money to someone, either family or friends, once they receive the money, there is no way you are getting back unless they agree to refund you.

I guess by now your question on How Long Does A Refund Take On Paypal must have been cleared. Kindly us the comment box below if you have any other question

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