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Paypal very slow to refund
Summary: The discussion revolves around the topic of PayPal being very slow to process refunds. The thread starts with a participant expressing frustration about the issue and progresses with other participants, including ambedoola_0 and kh-stanley1, sharing similar experiences and concerns. Participants discuss possible reasons for the delay and express a need for better service. There appears to be no resolution offered within the discussion, highlighting a common dissatisfaction with PayPal's refund process.
Hi all, waiting for a refund from paypal due to me having to cancel a purchase when I became aware that the item does not support win 7. I requested the cancellation from the seller, who obliged in an instant and made the refund to my paypal account.
The issue is now, paypal are playing the same old delay trick with my funds, placing a "hold" on them while they investigate the issue. I cannot see what needs investigating, as the seller refunded straight away at my request, and the funds were returned within an hour, but here we have the same old same old from paypal., playing with our money, now into the 4th day. I know it is now the weekend, but there were two normal business days to do their "investigation". Funny how interest on money invested is paid 7 days a week, but paypal uses the weekends as a delaying excuse all the time. Computers don't get weekends off as far as I know.
kh-stanley1
·1 year agoHi everyone,
Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread HERE if you wish to continue to discuss this topic.
Thank you for understanding.
ambedoola_0
·8 years agoI think they hold all this money, in the money market so as to gain interest while we're made to wait!
davewil1964
·8 years agoDid you read the answers?
Did you fund through a credit card?
Did you have to drag up a four year old thread by posting on it rather than reading it?
fordcoupe65
·1 year agoPayPal delay refunds for the purpose of increasing their interest return. There is no reason for a delay even if the refund is via a CC. No refund process should take 1-2 billing cycles (WT...?) this long & with todays comms, it should not occur. Any institution that does this is doing it for their own financial benefit. Cheers.
davewil1964
·1 year agoSEVEN YEARS on your 'information' is less than topical, and doesn't relate to the situation in 2018, much less 2014.
sandypebbles
·1 year agoYou say ‘today’s’ comms
The comment was made 7 years ago
Hardly relevant to ‘today’s comms’