echeck refund

neil8
Contributor
Contributor

hi, have an ebay buyer who's cancelled a purchase day after paying. I agreed via ebay to cancel and refund. Not enough funds in paypal at the time of processing (10 April) so it was issued via echeck. Buyer getting a bit nervous now as it's a few hundred £££. Have informed them of situation and they'll have to wait.

Refund has now cleared through my bank to paypal overnight 15/16 April, still showing pending in Paypal. How long does it take from this point to clearing through to the buyer?

Thanks

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2 REPLIES 2

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@neil8 

 

Its depends on what funding source the customer paid with.

 

Issued refunds are returned to original funding source. Arrival times may vary:  

 

- Bank account payments, 3-5 or 5-7 days, depending on their bank. 

- Cards & PayPal Credit (aka billmelater) about a week, up to 30 days depending on their issuing card. 

- PayPal balance, fairly instant. 

- Split payments between PayPal balance and card/bank, see above.


Kudos & Solved are greatly appreciated. 🙂
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neil8
Contributor
Contributor

ok, but does paypal not update to show the funds have cleared from my bank back into my paypal and then on to the buyer ? Or does it just sit at pending refund until the buyer has cleared funds at their end ?

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