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-   -   Stripe refund transaction help. (https://www.aspkin.com/forums/payment-gateways/80812-stripe-refund-transaction-help.html)

mophie 12-17-2014 12:34 PM

Stripe refund transaction help.
 
Hi, I used Stripe as you guys commonly know they process credit cards for shopify and other platforms online.

Been selling and using stripe for over two years now, I recently processed a refund on there and later that day I saw a refund reversal for the same transaction.

details:
So I processed the refund in full. I was debited via Bank
Next day, I had a refund reversal for that credit.

My Questions for those familiar with this term and with Stripe as a whole.
What is a 'Refund Reversal' and is it instant, like a void?
Will the credit hit the customer's account or reverse the transaction after or VOID before any money is hit his/her's account statement.

Read a paragraph about this on Stripe and I do not understand a thing, contacted Stripe but they appear they will close my account for a few bucks I refunded, like do they understand refunds are a normal process of credit card payments?:ranger:

I appreciate your help in advance folks.

bananaappeal 12-18-2014 01:41 AM

Re: Stripe refund transaction help.
 
Quote:

Originally Posted by mophie (Post 621106)
Hi, I used Stripe as you guys commonly know they process credit cards for shopify and other platforms online.

Been selling and using stripe for over two years now, I recently processed a refund on there and later that day I saw a refund reversal for the same transaction.

details:
So I processed the refund in full. I was debited via Bank
Next day, I had a refund reversal for that credit.

My Questions for those familiar with this term and with Stripe as a whole.
What is a 'Refund Reversal' and is it instant, like a void?
Will the credit hit the customer's account or reverse the transaction after or VOID before any money is hit his/her's account statement.

Read a paragraph about this on Stripe and I do not understand a thing, contacted Stripe but they appear they will close my account for a few bucks I refunded, like do they understand refunds are a normal process of credit card payments?:ranger:

I appreciate your help in advance folks.

Stripe have a very responsive customer service team. Get real answers by contacting them?


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