Enable Zero Waiting Time with Instant Refunds

- Customer initiates a refund
- Customer chooses his preferred refund destination - Bank Account or Original Payment Source
- Customer's bank account details will be collected and verified.
- Paytm processes the refund in customer's bank account
Give the joy of Instant Gratification to Your Customers

Give the joy of Instant Gratification to Your Customers
Don't leave your customers in the dark about their refund money.
Provide hassle-free shopping experience to customers.
Customers at liberty to choose the destination account.
Tension Free Refund Process ![Emoji]()
Easy integration of Instant Refunds for merchants with Paytm dashboard & API enabling refunds for payments made through UPI, cards & netbanking.

Foolproof process with eligibility checking through Transaction status API.
Integrate with Paytm dashboard or API and enable Instant Refund.
Details of the refund can be accessed through Refund Status API.
Paytm Instant Refunds are reverse transactions initiated by either the customer or the merchant where the refund amount requested is credited in the customer bank account within minutes. This is a superior refund experience than back to source refunds which may take 7-14 days to reflect in customer account depending on the payment method and bank used for making payment.
Note: An instant refund can only be created for a successful or settled transaction. Also, a merchant can initiate partial or complete instant refunds to your customer bank account.
Paytm supports instant refunds on debit/credit cards, net banking and UPI within a minute or two post-initiation. Refunds for orders paid via Paytm Wallet and Paytm Postpaid are always instant by default and made to the respective method.
Note: Instant refund for Credit Card transactions should be enabled with caution - you should prevent customers from availing free credit by cancelling orders and accepting refund in a bank account.