When a store uses Shopify to process refunds, the refund may take a few different forms. If the refund is for an order that was placed using a credit or debit card, the refund will go back to that card.
If the order was placed using Shopify Payments, the refund will go back to the original payment method. If the order was placed using a third-party payment gateway, the refund will be processed by that gateway.
The time it takes for a refund to be processed depends on the payment method that was used. Credit and debit card refunds usually take 3-5 business days to appear on the cardholder’s statement.
Shopify Payments refunds are processed immediately, and the funds should appear in the buyer’s account within 1-2 business days. Third-party gateway refunds can take up to 10 business days to appear in the buyer’s account, depending on the gateway.
Once a refund has been processed by Shopify, the store will receive an email notification. This notification will include information about when the refund was processed and how much money was refunded.