this post was submitted on 28 Sep 2026
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[–] frostedtrailblazer@lemmy.zip 13 points 5 hours ago* (last edited 5 hours ago) (2 children)

I agree completely; I often do credit card refunds and that can take me a minute on my end, but your own bank might not release your funds back to you for days or weeks.

I know it can be weeks because I had to check in with the same customer a few times to confirm that their bank was being the problem rather the payment processor we had.

[–] Ep1cFac3pa1m@lemmy.world 6 points 5 hours ago

I worked in retail for 15 years, and this came up all the time. Yes, your money has been “accessed” in your account, but if I run my journal and show it to you, you would see we don’t actually have it yet.

[–] heartSagan5@lemmy.zip 1 points 3 hours ago (1 children)

Wouldn't this create inflation... all that money "in transit?"

[–] Zorcron@lemmy.zip 2 points 3 hours ago (1 children)

Only one party can access it at a time, so I don’t see how it could.

[–] frostedtrailblazer@lemmy.zip 1 points 36 minutes ago

Plus someone always has the money.

What often happens is that your bank is making a profit on the interest off of your money for a few days, which is the reason they delay giving the money back to you right away.