Bonanza is an online marketplace that connects buyers and sellers to transact directly. Bonanza does not produce, house or ship items; instead, buyers pay sellers directly for their goods, and sellers ship items straight to the buyer.
Watch a quick video tutorial on how to cancel a transaction and request a fee refund.
When can a transaction be canceled?
How can I request to cancel my order?
How do I refund my buyer?
How can I request a fee refund for a canceled transaction?
When can a transaction be canceled?
Only sellers may cancel transactions (for buyers interested in requesting a cancelation, see below). Canceling a transaction and refunding the buyer are the same.
Sellers agree to complete valid transactions, but on occasion, a seller may need to cancel a transaction.
A seller may cancel a transaction under the following circumstances
- The buyer did not pay.
- Both the buyer and seller agree to cancel the transaction prior to shipment, and the seller has issued the buyer a full refund.
- The seller has decided to refuse service to the buyer. If the buyer has already paid, the seller has issued a full refund, including shipping (if applicable).
- The buyer did not receive the product(s) ordered, even though the seller has provided proof of shipping, and the seller has issued a refund for the item.
- The buyer and seller agreed that the buyer could return the item to the seller for a refund. The seller has received the returned item and issued a refund to the buyer for the item.
If you're unable to complete a transaction, you must notify the buyer via Bonanza Bmail and refund the transaction via the payment method the buyer used during checkout. Sellers are encouraged to keep proof of any refunds in the event a dispute arises.
How can I request to cancel my order?
Sellers may accept returns, but in most cases are not required to do so unless they state they do in their booth policies or are required by local laws. Buyers should read sellers' booth policies carefully and contact sellers before shipping a return.
If a buyer would like to request cancellation, the buyer should ask the seller via Bmail (aka The Bonanza email system). Point your mouse over the "Account" link in the upper left-hand corner of any page and select "Recent purchases" from the drop down. Locate the order you wish to request a cancelation for, then use the "Send them a message" link under the seller's username to contact the seller directly with a request to cancel your order. Messages sent via Bonanza are delivered directly to the seller's email address. Sellers typically reply within 24-48 hours (often much sooner than that).
How do I refund my buyer?
If you need to issue a refund to your buyer, we recommend contacting them via BMail, Bonanza's internal messaging system, to explain why the order must be refunded instead of fulfilled. How you refund your buyer depends on how your buyer paid.
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Bonanza Gift Card
- Bonanza Gift Cards cannot be refunded. You would need to issue a direct refund via PayPal or another acceptable payment method. Do not use the "Refund" link in your PayPal payment receipt.
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PayPal
- PayPal refunds can be issued for 180 days. Follow these instructions for details on how to issue a full or partial refund via PayPal.
- If the payment is more than 180 days old, you will not be able to issue a refund. You must use the "Send money" option on PayPal to send the buyer the refund amount.
- Stripe
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Amazon Pay
- You can use the Manage Orders feature in your Amazon Seller Central to issue full or partial refunds. Follow these instructions for details on how to issue a refund via Amazon Pay.
How can I request a fee refund for a canceled transaction?
Sellers have up to 180 days from the date of the transaction to request refunds on the final value fees. You must issue the buyer a refund prior to requesting a refund of final value fees for the canceled transaction.
How you cancel a transaction depends on the order status:
If the transaction is within the past 180 days and a refund has been issued to the buyer
Go to your "Selling > Billing statements" page and click into the month the transaction took place.
Click the red "x" next to the order that has been refunded and follow the prompts to request a refund of fees for the transaction.
Select the appropriate offer from the drop down. If we are able to confirm the refund to the buyer, you can proceed with submitting your request.
If we are unable to confirm the refund to the buyer for the order in question, you must fill in all required fields, including:
- Reason the transaction was refunded
- Refund method (PayPal or Amazon Pay)
- Refund transaction ID
- Screenshot providing visual proof of the refund to the buyer
You can also include additional notes regarding your fee refund request. Fee refunds are typically processed within 7 days.
If your open balance exceeds, or is equal to the fees for the sale and/or the fees are under $10, the refund will be applied as a credit to your Bonanza billing statement and applied on your next billing.
**Final value fee refund requests on transactions outside of 180 days will not be honored, no exceptions (unless your cousin is Kanye West, or in Of Montreal, and you can get them to play our company picnic).**
If your buyer has never paid for the transaction
Point your mouse over the "Selling" link in the upper left-hand corner of any page and select "Recent sales" from the drop down. Locate the order in question, and use the "Mark as Unpaid" link under the transaction summary. This option appears 3 days after the transaction has been recorded.
Once you mark the transaction as unpaid, the item will be automatically relisted. If you do not want the item to be relisted, then make sure that you delete it from your booth afterward.
If your seller fees have already been paid for the month:
Please contact our world class award winning support team (we're biased) with the transaction ID # and a copy of the refund confirmation to the buyer along with the reason for the refund. Our staff will review and issue the credit to your account. In some cases, we will request more information prior to issuing the credit.