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Can we use a "visa electron" debit card to receive a refund in dollars?
Can we use a "visa electron" debit card to receive a refund from a US based company?
They say that they can accept debit or credit cards but they must be visa powered. My card is a visa (electron) debit-cum-atm card issued by ICICI Bank.
They have already executed the refund to my card number which they say will reach my card wthin 3-4 business days but I doubt that it may get declined.
Any ideas regarding that...
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.."
"You only find out who is swimming naked when the tide goes out"
- Warren Buffet
D'Street Evangelist
Yes we can... but unlike credit card it takes about 48 hrs to get ur money into ur account plus some local taxes (dependin upto country to country) applies....
e.g. I asked my web hosting company to refund my $450 to my ICICI bank account and they refund it @ 38.5 INR/$ when the actual rate was 40 INR/$ ... so I lost almost 1200 Rs... so u should better opt to get refund via CC
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