Process refunds for Thinkific Payments directly from your Thinkific dashboard - no integrations needed!
Thinkific Payments is currently in a private Beta. We will notify you when it is available to all customers.
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About This Feature
We know that generating sales is a crucial aspect of growing your business. We also know that time spent on payments is time not spent teaching. That’s why we’ve launched Thinkific Payments - to help you sell more courses and spend less time doing it.
When students purchase your courses using Thinkific Payments, their orders are tracked directly on your Thinkific dashboard. And if you need to refund a student's transaction, it's now easier than ever from the updated Orders Report.
How It Works
To issue refunds for Thinkific Payments, go to Market & Sell, and then select Orders in the menu on the left-hand side of your Admin Dashboard. Next, simply click the Refund button next to the transaction you'd like to refund:
If you don't see the option to refund a transaction, check the Provider column. If is it not visible, you can scroll to the right to reveal additional columns. Payments must be processed through Thinkific Payments in order to issue refunds from the Thinkific dashboard.
Click for more information about the Orders Report and exporting your Orders and Transactions.
Important Considerations
- Refunds will be listed as separate transactions in the Orders table in your Thinkific dashboard. The Type of transaction will be listed as a Refund, and the transaction Amount will show in brackets to indicate a negative amount.
- If you refund a payment, funds will be taken from the revenue in your Thinkific account (before it is transferred to your bank account), or if your refund is more than the current revenue balance in your Thinkific account, the funds will be withdrawn from your bank account. You can see a history of refund withdrawals in the Payouts Report.
- If you need to refund a payment processed through Stripe or PayPal, before you switched to Thinkific Payments, you can do so from your account in Stripe or PayPal. The Provider column will list Stripe for Stripe transactions and PayPal for PayPal transactions.
- If you refund a Thinkific Payment, the Revenue amount in your Thinkific dashboard will update to reflect this.
Frequently Asked Questions
If a student's payment was made through Stripe, can I refund it using Thinkific Payments?
If you processed payments using our Stripe or PayPal integration before setting up Thinkific Payments, these refunds must be completed directly through your Stripe and/or PayPal account.
The Provider column in the Order Report will list Stripe for Stripe transactions and PayPal for PayPal transactions.
Will my Transactions and Orders Reports be updated based on any refunds I issue?
Yes, the Orders table in your Thinkific dashboard will show refunds as a separate transaction with the Type of transaction listed as a refund. You can also export the Transactions Report as a CSV file that will list all your transactions, including refunds.
What is a chargeback?
A chargeback occurs when the person who issues a payment to you, disputes a charge. During a chargeback, the payment issuer debits your account and holds the funds while the dispute is processed. Once the chargeback is created, you have a limited amount of time to respond with evidence to dispute the chargeback. The time given varies depending on the card network.
How can I dispute a chargeback?
Chargebacks are managed by contacting Thinkific Payments. Please email payments-support@thinkific.com for assistance.
You will be contacted by our Support team if there is a dispute and they will help you respond to it.
Is Thinkific Payments available outside the USA and Canada?
Thinkific Payments is currently in a private Beta and only available to Creators based in the USA and Canada.