Key Features
- Authorize and Capture Charges
- Authorize and Reserve Funds
- Email Receipts
- Capture Additional Data
- Successful Transactions Log
- Void Transactions/Holds
- Capture Held Funds
- Process Credit/Refunds
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Process Credit/Refunds
This transaction type is used to refund a customer for a transaction that was originally processed and successfully settled through the payment gateway.
A refund can be any amount up to the full amount of the originally processed transaction
How To Process a Refund
- Select the transaction you would like to refund from the Transaction Log. The transaction type should be "AUTH_CAPTURE".
- Verify transaction details and then press "Credit" at the top of the screen
- Enter the last four digits of the original credit card and the refund amount.
- Press "Submit for Credit" and wait for a successfuly response.
A credit can only be applied under the following conditions:
- The original transaction was successfully settled through your merchant account and deposited into your business checking account
- The amount being requested for refund is less than or equal to the original settled amount
- The sum amount of multiple Credit transactions submitted against the original transaction is less than or equal to the original settled amount
- The last four digits of the credit card number used for the original, successfully settled transaction is provided. An expiration date is not required
- The transaction is submitted within 120 days of the settlement date of the original transaction