Originally posted by Flamekraft:

just refunded a game i bought with a gift card to get a better game, the game was refunded but i have to wait for the money to come back to my steam wallet. WHY?!?!?!?! why do i have to wait for MY MONEY to come back to ME??? IT'S SO STUPID!!! GIVE ME MY F:GDInsane::GDInsane::GDInsane:ING MONEY BACK STEAM!!!!

You are waiting due to it being steam credit. Simply wait it out, nothing more can be done.

Steam is ensuring everything is in the clear.
If they check the wrong box that can cause more trouble.
Be patient.
And don't expect refunds for timed sales to be ready in a timely manner.

24 hours is a short amount of time.

Why is this surprising? Having to wait for funds to hit your account after a refund is commonplace.

They hold on to it as long as they can to help profits.. its why banks do it for up to 30 days, they make more money of it.

Originally posted by PocketYoda:

They hold on to it as long as they can to help profits.. its why banks do it for up to 30 days, they make more money of it.

There is zero interest being made on wallet funds that are being processed back to the user.

Originally posted by cSg|mc-Hotsauce:

Originally posted by PocketYoda:

They hold on to it as long as they can to help profits.. its why banks do it for up to 30 days, they make more money of it.

There is zero interest being made on wallet funds that are being processed back to the user.

:nkCool:

Its before it gets to the wallet that they are making money, not after.

Originally posted by PocketYoda:

Originally posted by cSg|mc-Hotsauce:

There is zero interest being made on wallet funds that are being processed back to the user.

:nkCool:

Its before it gets to the wallet that they are making money, not after.

How so?

Originally posted by PocketYoda:

Originally posted by cSg|mc-Hotsauce:

There is zero interest being made on wallet funds that are being processed back to the user.

Its before it gets to the wallet that they are making money, not after.

Those funds being held for transfer do not collect interest once the transfer was triggered.

Valve makes $0 on it during the process.

Originally posted by datCookie:

Originally posted by PocketYoda:

Its before it gets to the wallet that they are making money, not after.

How so?

Money makes money, the more you have like a large company or a bank the more it appreciates, the slower you give it back to customers the more you get while its in your hands. They use terms like security and protecting the customers but its mostly to make more money.

Originally posted by cSg|mc-Hotsauce:

Originally posted by PocketYoda:

Its before it gets to the wallet that they are making money, not after.

Those funds being held for transfer do not collect interest once the transfer was triggered.

Valve makes $0 on it during the process.

:nkCool:

That transfer doesn't happen until it gets to the customer.

Originally posted by PocketYoda:

Originally posted by cSg|mc-Hotsauce:

Those funds being held for transfer do not collect interest once the transfer was triggered.

Valve makes $0 on it during the process.

:nkCool:

That transfer doesn't happen until it gets to the customer.

Steam wallet funds are in Valve's bank account until the end of the month after you spend them on a game.

Originally posted by Ben Lubar:

Originally posted by PocketYoda:

That transfer doesn't happen until it gets to the customer.

Steam wallet funds are in Valve's bank account until the end of the month after you spend them on a game.

Exactly.

Originally posted by PocketYoda:

Originally posted by Ben Lubar:

Steam wallet funds are in Valve's bank account until the end of the month after you spend them on a game.

Exactly.

He said after you SPEND them, not when they're returning them to you.

They're not delaying wallet refunds because they make money off them, they don't make money off that.

Originally posted by PocketYoda:

Originally posted by cSg|mc-Hotsauce:

Those funds being held for transfer do not collect interest once the transfer was triggered.

Valve makes $0 on it during the process.

That transfer doesn't happen until it gets to the customer.

Money that is held in a pending state for a transfer does not accure interest.