How to check if money is refunded?

You can check the status of a refund through the merchant's dashboard, typically in the payments or refunds section. For transactions processed via a platform like Paytm, merchants can track refunds using the "Refunds Report" on the Paytm for Business dashboard. The status may appear as "Pending" until the bank fully processes the money, after which it moves to "Success" or "Failure."