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Okei I made a purchase online using my credit card via PayPal. Unlucky me, I didn't like the software I downloaded so I asked for refund immediately. When I checked my PayPal account, it says there that transaction was refunded. So I was wondering how can I get this refunded ... It says there that it will be credited back to my credit account since I used credit in paying it. Does that mean that the transaction will just be cancelled ?? How long does this crediting back (whatever that means) normally takes ?? One thing more, the credit card I used to purchase that item will be closed soon as I have opened a new credit account and all transactions made from this credit account will be transferred to my new account. Can somebody explain to me how this refund stuff and crediting back goes ??? Thanks.

2007-02-08 09:59:10 · 2 answers · asked by seXy 3 in Business & Finance Credit

The transaction was actually completed. It's just that I asked for a refund which the seller gladly made because I didn't like the item and it says there that the status of my payment turned from payment completed to payment refunded. It says that this will be "credited back" to my credit account as this was the mode of payment I used. I was just wondering how long this crediting back usually take place because I know that credit account I used will be closed some time next week.

2007-02-08 10:16:15 · update #1

2 answers

Usually it can take up to a week for paypal to refund your money back to your credit card. And sometimes you have to manually have it put back in your account. By having it transfered back. I would make sure that paypal said they would credit your credit card that you used. If that doesn't happen in 5 business days then I would see if you need to transfer the money yourself back into your credit card. hope this helps

2007-02-08 13:48:12 · answer #1 · answered by sleepyincarolina 4 · 0 0

do u know why ur card was rejected by paypal? well whatver the reason the trasnaction failed so chances are whatver u paid thru your credit card was void so nothign went thru.

2007-02-08 10:05:14 · answer #2 · answered by justsomeone 1 · 0 0

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