Cashfree Payments allows you to process refunds instantly to your customers. Instant refunds cut down the waiting time for your customers by processing refunds instantly rather than having them wait for 5-7 days. Instant refunds provide a hassle-free customer experience.
Cashfree Payments charges a small instant refund fee to process instant refunds. Instant refunds are currently available on select credit and debit cards.
Once you have initiated the refund, you will get a success message on your screen.
You can also initiate an instant refund via API. Click here to read more on how to initiate an instant refund via API.