Originally Posted by emmanuel_t

I believe the infrastructure is there for refunds via the debit networks, but not many merchants have that configured. I know that at least Staples, Walmart, and Target have debit refunds set up - with my last return at Walmart (over a year ago), the money was in my account immediately.

Speaking of refunds, I heard that Visa will soon require refund transactions to be authorised online. I wonder if that means they'll post on accounts immediately (at least as pending).