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Mastering the Refund Workflow: Policy vs. Execution

Mastering the Refund Workflow: Policy vs. Execution

Payments

ER
Elena Rodriguez
7 min read Expert Verified

The 'Refund Paradox'

A generous refund policy often leads to higher booking confidence. However, manual processing is an accounting nightmare. Odybook automates the calculation based on your 'Cancellation Policy' settings (e.g., 100% refund if within 48h).

Partial Refunds for Service Failures

If the museum was closed but you still provided the walking portion of the tour, a partial refund is the best way to avoid a negative review. Use the 'Custom Amount' refund option in the booking details.

Dispute Prevention

Every refund processed through the system is immediately communicated to Stripe, which helps lower your 'Dispute Ratio'—a key metric for card processing health.

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