Why does Steam hold refunds?

If Steam isn't able to return the money through the original payment method, the refund will be added to the customer's Steam Wallet. In those cases, Steam retains that 20-30%, even if the player doesn't use that wallet currency to purchase another game. The developer, on the hand, directly loses a sale.
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Why does Steam hold refund money?

For account security purposes, the Wallet funds for some Market transactions and refunds on Steam will be held and unavailable for a short period of time.
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Why Steam refunds take so long?

My refund was approved, but it's been more than 7 days. Approved refunds can take up to 7 days to appear in your account – however, refunds to international payment methods may take longer. If your refund hasn't appeared after 7 days, please contact your bank directly and ask about pending refunds on your account.
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How long until you can't refund Steam?

Any game purchased from Steam is eligible for a refund within certain conditions. One, you must request the refund within 14 days of purchasing the game. Two, you have to have fewer than two hours of playtime logged on the game, which prevents you from speeding through a game only to return it and get your money back.
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Can Steam reject refund?

Only games that you bought through the Steam app are eligible for refunds on the platform. It is also required that you apply for the refund within the two-week period. It is important to note that your Steam game refund request might be rejected if the business believes you are abusing its policy.
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WHAT IS HAPPENING!? STEAM PENDING BALANCE ISSUE!

Is Steam generous with refunds?

Valve will, upon request via help.steampowered.com, issue a refund for any reason, if the request is made within the required return period, and, in the case of games, if the title has been played for less than two hours.
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Why won't Steam refund?

It needs to be a game you purchased through Steam. You can't get a refund if you received a game through a third-party site or other means. You need to submit the refund request within 14 days of purchase. Any purchased game can only have two hours of playtime on it.
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Is Steam refund within 2 weeks?

Steam Wallet Refunds

You may request a refund for Steam Wallet funds within fourteen days of purchase if they were purchased on Steam and if you have not used any of those funds.
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Can I refund a gifted game on Steam?

Steam has a policy that allows customers to request a refund for a gift within 14 days of purchase if the gift has not been redeemed or if the game has been played for less than two hours.
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Which Steam refund is faster?

Yes the funds will be given and usable faster if you refund back to the wallet and not the original payment method. Reason being is that Valve keeps your money if you refund to wallet.
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Can you buy Steam games with pending funds?

You can use this pending cash to make purchases on Steam, including buying games or other content. If your pending refund cash is sufficient to cover the cost of the game, it will be used first, and you won't be charged on your credit card or other payment methods.
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How long does Steam hold funds?

If you haven't had your account protected by a Mobile Authenticator for at least the last 7 days, items leaving your account will be held by Steam for up to 15 days. This provides you time to discover any transactions on hold that you didn't make.
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Can you refund the same game twice on Steam?

There is no rule that forbids you from refunding a game more than once.
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How long is Steam money pending?

Q #5) How long do pending funds take Steam? Answer: Pending funds may take more than just minutes and hours and they can be highly annoying. But at max, these funds can take up to 10 days.
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How do I cancel a refund on Steam?

If the refund has yet to be approved you can actually jump over to help.steampowered.com, go to the game, and there should be a "cancel refund" button.
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How do I refund games?

Explore refund request options
  1. Go to play.google.com.
  2. At the top right, click your Profile picture.
  3. Click Payments & subscriptions. ...
  4. For the order you want to return, click Report a problem.
  5. Select the option that describes your situation.
  6. Complete the form and note that you'd like a refund.
  7. Click Submit.
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How do I refund DLC on Steam?

PSA: You can refund pre-ordered DLC in the Support section of the game on Steam. Select the DLC in the list, and select "I purchased this by accident". You'll then be able to ask for a refund (got mine an hour after requesting it).
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How do I get a refund on Steam over 14 days?

Navigate to Steam Help (help.steampowered.com) and log in with your Steam account. Find the purchase you would like to refund and click on it. If your purchase is not listed, it falls too far outside of our refund window and is ineligible for a refund. Select the problem you are having with the product.
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Can I refund a game on Steam after 2 weeks reddit?

Buuuut because of those criteria there technically is a hard limit, since waiting for a refund to be accepted and go through takes time (usually a couple of hours, though sometimes a half-day or more) the 2 week ownership period threshold will eventually be reached and the refund request will no longer be accepted.
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Can you refund short games on Steam?

However, it's not possible to finish a game quickly and then claim the refund. Only if the total playing time is less than two hours will Steam let you return the game and get a refund.
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How do I get rid of 7 day hold Steam?

Is there a way to bypass Steam market hold? No, Steam market holds cannot be bypassed. They are a security measure implemented to safeguard users and prevent unauthorized trades. The hold duration can be reduced by enabling the Steam Guard Mobile Authenticator.
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How much is Steam tax?

What is the "Steam Transaction Fee"? The Steam Transaction Fee is collected by Steam and is used to protect against nominal fraud incidents and cover the cost of development of this and future Steam economy features. The fee is currently 5% (with a minimum fee of $0.01).
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Why are my items on hold Steam?

Why are my items on hold? Any trades or Market listings created before a Mobile Authenticator is added, or during the first 7 days after it is added, will be held for 15 days. Trades or Market listings created more than 7 days after a Mobile Authenticator is added will not be held by Steam.
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