payments en
Refund
payments
Plain-language definition
Plain-language definition
Money returned through the original payment transaction.
Why it matters
Refund status should be tracked separately from order cancellation and bank posting.
Technical detail
A refund instructs the payment provider to return all or part of a captured payment; posting time and available balance effects depend on the payment method.
Examples
- A seller issues a partial refund for a missing accessory.
Related terms
Sources and review
Reviewed July 12, 2026 by e2e-1783854138445-0citu53rtqqe@test.repairyour.tech. Next review due January 11, 2027.
- Refund and cancel payments — Stripe Accessed 7/11/2026
See something we should improve?
Suggest a correction to “Refund.” Suggestions are reviewed before the published definition changes.