Authorization Return

A return is the reversal of an approved transaction by a merchant that initiates a return of funds to the cardholder’s account. Most merchant accounts have a return fee and a transaction fee that are charged when a merchant issues a return.

A return is when a merchant credits a customer's credit card for a purchase that they had made. Pay close attention to how returns are charged on your merchant account. Most merchant accounts have a separate fee that is charged when you issue a return. This fee is typically called a return fee.

Depending on your merchant account fee schedule, you may need to add the transaction fee and the return fee together in order to figure out how much you are being charged to issue returns.