Refund

The act of crediting a party’s account for a previous transaction. A refund is usually done when a product is returned or when an error is committed by the merchant’s side of the transaction process.

About: Allan
Allan Guzman Chinchilla

Allan is the Managing Editor at BestCards.com. In addition to leading a robust team of writers in the pursuit of thorough credit cards expertise, he is an avid fan of films, food, traveling, and Star Wars.