What happens to a Stripe refund if the card is cancelled or has expired

Mews PaymentsPayment Automation
Generally, there are three options that take place if a card is canceled: 1. The bank will redirect the fund to the new card, 2. If there is no new card, the bank will forward it to the cardholder account directly, or 3. If neither is available the bank will return the money to Stripe who will get in touch directly.

There are three options if a card is canceled or expired, and a refund was issued:

 

  • The bank redirects the fund to the new card.
  • If there is no new card, the bank forwards the refund to the cardholder account directly.
  • If neither is available, the bank returns the money to Stripe who gets in touch directly.
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