Refunds

Refunds allow you to quickly and easily refund customers for ACH debit transfers.

Use /transfer/refund/create to create a refund for a debit transfer. Pass the ID of the transfer you'd like to refund as transfer_id in the request, and specify the amount of the refund with the amount field. The amount of a refund can't exceed the amount of the refunded transfer.

You can also initiate a refund directly with the Plaid Dashboard.

Refunds come out of the Plaid Ledger's available balance.

You can create a refund for a transfer at any time. Plaid will wait to submit the refund to the ACH network until four days after the original transfer has settled. This operates as a grace period to protect you from the original transfer being returned. (The status of the refund will remain pending during this time.) If the refunded transfer is failed, canceled, or returned before the refund is submitted to the ACH network, we will automatically cancel the refund.

Use /transfer/refund/cancel to cancel a refund. You can only cancel refunds before they've been submitted to the ACH network for processing.

Plaid creates an event any time the status of a refund changes. Refund events are prefixed with refund. and have a non-null refund_id in the event object. See event monitoring for more information on monitoring events.

Refund events will have many of the same characteristics as the original payment. They will have the same account_id, as well as having the same transfer_type and a positive transfer amount. For example, if you were to refund $5 from a customer's debit transfer of $100.00, that refund will be displayed in the events queue with a debit transfer type and a "5.00" transfer amount.