Magento 1.x Security Patch Notice
For Magento Open Source 1.5 to 1.9, Magento is providing software security patches through June 2020 to ensure those sites remain secure and compliant. Visit our information page for more details about our software maintenance policy and other considerations for your business.
Credit Memos & Refunds
After an order has been paid for and invoiced, all of the order, or a portion of it, can be refunded by issuing a credit memo. A credit memo differs from a refund because the amount of the credit is restored to the customer’s account where it can be applied to future purchases, rather than returned to the customer as cash. In some cases, a refund can be given at the same time that a credit memo is issued, just as payment can be made at the time of invoicing.