Paypal refund to Virtual Visa Debit

[Dantagious]

Good afternoon, folks!

So here is the breakdown of my issue:
About 3 weeks ago I purchased a computer component from a reputable seller on eBay. I payed for the item with my Virtual Visa Debit, which links directly to my chequing account at my bank. This card acts as a "credit card", but only if the funds are available in my chequing account to debit. So essentially it is debit but with a credit card compatible number.

Unfortunately due to some damage that occured during it's journey through our lovely postal system the item arrived damaged. The seller promptly issued me a full refund. I received a statement from Paypal stating the refund had been issued directly back to my Visa Debit, which SHOULD have meant that the money went right back into my chequing account, however no funds have yet arrived. Here is a breakdown of the confirmation I received from Paypal:

Refunded to VISA x-6668

You'll see "PAYPAL *HARDCORESHI HAR" on your card statement.

Exchange rate $113.98 USD = $162.77 

CAD 1 US Dollar = 1.43 Canadian Dollar

Transaction ID 5K549362S4659145B

My question is: Has something gone awry here or is there just some superfluos waiting period here? If there is a waiting period, how long am I looking at and why isn't this information posted anywhere? This refund was issued 2 days ago and I have been scouring the web for an answer to no avail.

Any help would be greatly appreciated.
Thanks

[kernowlass]

@Dantagious

If you funded the original paypal payment to the seller with a debit or credit card then it won't go back to your paypal balance.

Once marked as completed it will automatically go back to your bank account or credit card but takes up to a week to process through to the bank and a bit longer for a c.c (paypal say allow 30 days but I have never waited longer than a week for mine).

[Dantagious]

@kernowlass

That is the approximate answer I was expecting. At this point I just need one point of clarification:
What is used was a Visa Debit, NOT an actual credit card. Although the number acts as a credit card number, the card itself does not function unless there is sufficient funds in my chequing account.
Being that it is a Visa DEBIT, is it subject to the same wait periods as an actual credit card even though no actual credit system is used?

[kernowlass · Accepted solution]

@Dantagious

No idea on that one. Why not give it a week and see if it turns up, if the transfer fails it should bounce back to your paypal account balance.

[Dantagious]

I'm not in a desperate hurry for the cash, so as long as it doesn't vanish into the void I will be happy.

Thanks so much.

[AdamPinkman]

i have the same situation as you, can you please tell us what happened ?? thanks man !

[Dantagious]

The money was reflected back in my bank account on the 5th day. From what I was able to piece together, the Visa debit cards, even though they only function when you have actual cash in your account and not on credit, work like a credit card when it comes to refunds. Most refunds will show between 5 to 7 business days, but in some very rare circumstances can take up to 10 business days. This is from talking to my bank, a PayPal help desk person and Visa. But yes, about 5 business days.

[sandypurins]

@Dantagious

Thanks for returning and posting the update...

-Sandy