#Mohit Garg
rancid charm
rare spire
👋 Hi there, Happy to help!
application accepts return
...
I want to confirm whether the payment made on stripe is available to be return without any time gap
What do you mean by return ?
weak spire
customer ask for a return of an item we need to refund the order total
rare spire
In fact, Stripe support refunds, you check this guide for
https://stripe.com/docs/refunds
do we need to wait for some time ?
it depends mainly on the customer's bank issuers. Your customer sees the refund as a credit approximately 5-10 business days later, depending upon the bank.
https://stripe.com/docs/refunds#tracing-refunds
weak spire
yes my initial question was whether the payment made by customer is added on my account balance on the same day ?
rare spire
Where are you based? because in supported countries, the default payout schedule is daily automatic, from 3 business days preceding
https://stripe.com/docs/payouts#:~:text=In supported countries%2C your default payout schedule is daily automatic
weak spire
My Application is for UK. However i am not referring to Payouts.
Once a customer makes a payment from application. will that payment be available on my Stripe account immediately or do i need to wait ?
rare spire
Sorry I though you are talking about your bank account. Once the payment is successfully made and completed the amount is available directly in your Stripe Account
You can do some tests and simulate, using Stripe test mode
https://stripe.com/docs/testing
weak spire
so i can use that for sending refunds ?
rare spire
Yeah you can simulate refunds also
swift geyser
Hey, taking over here. Let me know if there's any follow-up Qs I can answer!
weak spire
Thank you, will check and get back if i have more questions.