Not all payment processors are the same. A common point of concern for ecommerce businesses is the ability to handle refunds or returns. While most (if not all) payment processors can handle refunds, some have limits on how those returns are handled. This article will go over how Payeezy handles these limitations.
Same Day Returns
A "Same Day Return" is exactly what it sounds like: a return that occurs on the same day as the initial purchase. In more technical terms, same day returns occur on the same day as the "capture", or when funds are transferred from the customer to the merchant they're purchasing from. Not all payment processors are able to handle returns that occur on the same day as the initial capture, for a variety of reasons, but Payeezy does not have this problem.
If you have any further questions, please feel free to get in touch with us with a support request.