Should a Merchant provide a cash refund for returned merchandise that was originally purchased with a credit card?
No. The card associations do not normally permit cash refunds for any credit card transactions. The only exception to this rule is if the purchase was made with a prepaid card (e.g. Visa or Mastercard gift card) and the cardholder is returning items, but has discarded this card, you may give a cash refund or in-store credit.
Related Questions
- How are credit card payments refunded? What about cash, check payments or money order, how will a student get a refund?
- Should a Merchant provide a cash refund for returned merchandise that was originally purchased with a credit card?
- How do I a deposit a rebate or refund for the merchant that was received by cash or check from the merchant?
- How do I a deposit a rebate or refund for the merchant that was received by cash or check from the merchant?
- Can a Gift Card or merchandise credit card be exchanged for cash?
- Can a Gift Card or merchandise credit card be exchanged for cash?
