The Connect Refund API allows you to refund a Payment that is currently in-flight. Payments that have been received can no longer be refunded.
The table below describes if and until when you can refund a Payment, given its
status and the Recipient's
|Receiving Method Type
|WIRE Payments are immediate; they cannot be refunded.
|ACH Payments can be refunded until the bank transfer has been initiated.
|EFT Payments can be refunded until the bank transfer has been initiated.
|CHECK Payments can be refunded until the Check has been deposited.
How will I know if my Refund failed?
The Refunds API is synchronous, and thus you will be notified with an error message in the case that your Payment was non-refundable.
While Refunds are typically immediate, they may take several days to show up on statements. On average, Refunds take 3 to 5 business days to show.
Updated almost 2 years ago