Refunds to Credit Card Transactions

Procedures

Refund requests are generally executed by Merchant Services within a 48 hour time frame upon receipt. A merchant department’s refund request requires signatures of two parties as follows:

Document Preparer: The person who completes the form

Department Approver: The person who can authorize expenditures from the departmental account

  1. Complete the e-Commerce Credit Card Refund Form (leave the Refund Batch number blank)
  2. Submit to Merchant Services, Criser Hall S-113, PO Box 112008 or e-mail to treasury-creditcards@ad.ufl.edu
  3. Merchant Services will process the e-commerce refund to the card account of the original transaction and adjust the myUFL General Ledger
  4. Upon receipt of a Merchant Services refund notification, your department must send a notice to your customer(s) informing them that the refund has been issued

Resources

e-Commerce Credit Card Refund

UF Credit Card Merchant Policy

Training

TRM125 – Payment Card Security Awareness Training

Banking & Merchant Services: (352) 392-9057

Treasury-creditcards@ad.ufl.edu

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