Originally Posted by
Midnight
George,
Just some quick advice. You never want to refund a credit card transaction with cash or check. It opens you up to being scammed.
Customer pays with credit card
You refund with check/cash
Customer has his credit card company issue a chargeback against you
Credit Card processor withdraws funds from your account
You are out double your money
Not if your smart enough to contact their credit card company, and inform them that you wrote their client a check, instead of doing a refund via a credit card. Then the only thing you might have to do, is provide them some proof that the check was indeed written.
I for one, don't foresee any issues, as I haven't had those issues as of yet.
Most payments are always done by Cash or Check for me.
Clients know that if a check bounces, I give them 72 hours to make it good, if that don't happen, I turn it in to the authorities for a worthless check.
Bookmarks