Refund Not Received (RNR)

Refund Not Received (RNR) Tools (Outside Refund Time Frame):

Note: In-case a customer complaints for not having a refund outside 10 days, we should escalate it through our CIF Form for follow-up.

How Credit Card Refunds Work?

It typically takes about 7 days for a credit card refund to be processed. However, credit card refund times vary, with some retailers issuing a refund the same day if you return in person, while others may take a few weeks or even months to issue the amount back to your account. The time it takes to receive a credit card refund also depends on a few other factors, such as the retailer, the method you used to return the item (online, in-person, etc.), and your credit card issuer’s policies.

How Debt Card Refunds Work?

When a debit card is used for a purchase, the money is sent to the merchant's financial institution. A refund request from a merchant is actually a refund request from the merchant's financial institution. That institution has up to 10 days to process a refund request, so it may be close to two weeks before the money appears back in a consumer's bank account. Because each merchant is different, a consumer may receive a refund on a debit card purchase within just a few days, or it may take longer than a week. When requesting a refund from an online merchant, processing a return can add additional time to the refund request.

Our Goal:

We want to assure that the refund is processed in our system but when it will be credited is not in our control and it's between banks from that point on.

Sample Refund Not Received Call:

Nymbus RNR Call:

Refund Not Received.mp3

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