If I pay with a credit card, will the handling fee be refunded after the refund?

Yes. As long as the full return and refund is successful, the transaction will be shown to be closed, and both the buyer's and the seller's 1 handling fee will be refunded.

Once the buyer applies for a return or refund, he will receive the full payment. If the receipt is not confirmed, the handling fee will be refunded to the seller if the refund is completed. The specific arrival time is based on bank regulations, usually 1-4 days. Please check Alipay updates in time.

1. The destination of the transaction refund depends on the payment method. Please pay attention to your Alipay account balance and the credit card used for payment.

2. Red envelopes and Jifenbao payment refunds will be returned in real time. Please pay attention to the status of red envelopes and Jifenbao in your account in a timely manner.

Extended information

Article 38 of Taobao Rules stipulates:

After the buyer applies for a refund, it will be handled according to the following circumstances:

(1) If the seller refuses to refund, the buyer has the right to modify the refund agreement, request Taobao to intervene or confirm receipt of the goods. If the buyer does not operate within seven days after the seller refuses the refund, the refund process will be closed and the transaction will proceed normally;

(2) If the seller agrees to refund or does not operate within five days, and does not require the buyer In case of return, Taobao will notify Alipay to refund the buyer

(3) If the seller agrees to refund or fails to operate within five days and requires the buyer to return the goods, the following circumstances will apply:

1. If the buyer does not click return within seven days, the refund process will be closed and the transaction will proceed normally;

2. If the buyer clicks return within seven days and the seller confirms receipt of the goods, Taobao will refund To the buyer;

3. If the buyer clicks to return the goods within seven days, if the goods are returned within ten days by express delivery or within thirty days by surface mail, if the seller does not confirm receipt of the goods, Taobao will notify Alipay to refund the buyer.

Taobao Help Center-Where will the refund be refunded if you pay with a credit card?

Four important points to note when returning goods using a credit card

Can returns be returned using a credit card transaction? The answer is yes. For banks, the return transaction after swiping the card for consumption is nothing more than the elimination of cleared transactions, but don't ignore the minor issues involved.

Question 1: What should I do if I return goods on the same day of consumption?

Generally speaking, if the cardholder returns the goods on the day of the transaction, because the bank has not cleared the transaction, the merchant only needs to cancel the consumption on the POS machine.

Question 2: What should I do if I return the product the next day or even longer after consumption?

If the consumer returns the goods the next day or even longer, the bank has already settled the goods, that is to say, the consumer payment has been settled and entered into the account, and it will be more troublesome to handle it at this time. Before the payment is returned to the cardholder's account, it needs to go through the settlement procedures of several institutions such as the merchant, acquiring bank, and card issuing bank, which is quite complicated. The time spent depends on the work efficiency of each link. It takes ten days. Half a month couldn't be more normal.

According to normal procedures, if the refund is still returned via credit card or bank transfer, no handling fee will be charged. However, if the merchant returns cash, a handling fee will often be charged. As for who should bear this part of the cost, there is currently no clear regulation, and the cardholder can negotiate with the merchant.

Question 3: What should you pay attention to when shopping?

First of all, if everything goes well, the refund will appear as a return transaction in the next month's bill, but many times this is not the case. Once the return process spans one credit card repayment cycle, the refund cannot be deducted from the bill of the month of consumption. At this time, the cardholder needs to repay according to the repayment amount shown in the current month's bill, otherwise it will also be added up. Interest.

Secondly, during the normal shopping process, purchase orders and canceled purchase orders and return orders should be properly kept, instead of simply asking for all purchase orders (usually in triplicate).

Question 4: How to handle return of installment payment?

You can also return goods by paying in installments with a credit card, that’s for sure, but the procedure is a lot more troublesome, and the cardholder may have to pay a certain handling fee.

If the cardholder proposes a return to the merchant, the procedure and arrival time are the same as for ordinary card consumption, but the bank will still charge a one-month handling fee, and the rate is generally around 0.7.

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Can I get a refund after swiping my credit card?

I can get a refund. Different banks may have different settings within how many hours a refund can be made. You can call customer service to apply for a refund and then ask the merchant to confirm. ①Credit card refunds will be refunded to the original credit card. About credit card refunds, refunds only cancel the original transaction, not the actual repayment. ② After the refund, the account was not really credited to the credit card, but because the credit card was overpaid. Refunds after the billing date do not count toward current repayments. A "refund" on a credit card is different from a cash repayment. Air ticket refunds, Alipay account refunds or cancellations by other merchants will not be included in the current repayment. Repayments only occur when users deposit cash.

③ If the refund arrives before the bill date, the purchase can be deducted; but if the refund arrives after the bill date, the current month's payment cannot be deducted, and can only be deducted from the next month's bill 3. Credit card refund The payment process is complicated. The merchant initiates a refund and the bank only receives the refund. Therefore, there will be no SMS reminder when a credit card refund arrives.

①Credit card, also known as debit and credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with credit qualifications. The name of the issuing bank, expiration date, number, cardholder name and other information are printed on the front of the form, and the magnetic stripe and signature strip are printed on the back. Consumers holding credit cards can go to specialized commercial service outlets to shop or consume, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

② The credit card limit is determined by the bank based on the applicant’s credit status and the credit card level applied for, and usually follows the following standards: credit card limit: 0-10,000 yuan; credit card gold card limit: 10,000-50,000 yuan; platinum card and above: above 50,000 yuan.

③ It is understood that the most important conditions for applying for a credit card are to be 18-60 years old and have a stable job and income. The required application documents are copies of the ID card and work permit. However, for ordinary people, the amount of credit card application is actually uncertain. It is mainly reviewed based on the application materials you provide. If the source of income is relatively stable, the amount of credit card application will be higher

Where does the money go when you buy something with a credit card and get a refund

Generally, if you pay with a credit card when shopping online, the refund after the return will be to the bank you used to pay. The refund method is selected based on the card attribute classification.

For credit card payment, you will return the same way after the refund. The refund time is 3-7 days. Please pay attention to the refund information within 1-7 days after choosing the refund. If you still have questions, you can call the credit card issuer to ask.

If the credit card refund is credited before the statement date, the refund will be considered as repayment. If the credit card refund is recorded after the bill date, the refund will be included in the next bill and cannot be used to offset the current period's balance.

For more information about where the refund money goes when you use a credit card to purchase something, go to: View more content

This is the introduction to the return money using a credit card and where the refund money goes. That's it. I wonder if you found the information you need?