The post Refundly Is Taking The Guesswork Out Of Refunds For Retailers And Consumers appeared on BitcoinEthereumNews.com. Refundly is out to simplify online shopping one return at a time. COURTESY OF REFUNDLY Necessity is the mother of so many inventions. That includes Refundly, a new app that’s transforming the online returns process with tech innovation. It was born when Lindsay Goffman, a Hollywood writer whose credits include executive producer of ABC’s “The Good Doctor” and the film “The Company You Keep,” and her husband Mark, executive producer and writer on the NBC drama “The Irrational” and the Netflix series “The Umbrella Academy,” experienced the headache of returns firsthand. When Lindsay needed a nice dress for a big family event, she did what any busy working mom would do, she ordered multiple styles and colors online and waited for them to arrive. “I found my dress and I returned all the others,” she said. “I had ordered so many, I literally created a Google Doc spreadsheet to track the refunds. It turned out that we didn’t get the money back for one of the dresses. This was really stressful because they were expensive and we were in the middle of the writers and actors strike of 2023.” The missing refund for the one dress set off a lightbulb in Lindsay and Mark Goffman’s heads. “We were like, ‘Oh wow, how often is this happening?’” Lindsay Goffman said. “We then ordered from the top 120 online retailers to find out, and we found that there is a 7 1/2% error rate. I knew this was happening to other people, too. It was really stressful having all those charges on my card.” The more people the Goffmans talked to the more horror stories they heard about delayed, waylaid and simply non-existent refunds, and the hassle of arguing with retailers about reinstating funds while trying proving that they indeed returned the… The post Refundly Is Taking The Guesswork Out Of Refunds For Retailers And Consumers appeared on BitcoinEthereumNews.com. Refundly is out to simplify online shopping one return at a time. COURTESY OF REFUNDLY Necessity is the mother of so many inventions. That includes Refundly, a new app that’s transforming the online returns process with tech innovation. It was born when Lindsay Goffman, a Hollywood writer whose credits include executive producer of ABC’s “The Good Doctor” and the film “The Company You Keep,” and her husband Mark, executive producer and writer on the NBC drama “The Irrational” and the Netflix series “The Umbrella Academy,” experienced the headache of returns firsthand. When Lindsay needed a nice dress for a big family event, she did what any busy working mom would do, she ordered multiple styles and colors online and waited for them to arrive. “I found my dress and I returned all the others,” she said. “I had ordered so many, I literally created a Google Doc spreadsheet to track the refunds. It turned out that we didn’t get the money back for one of the dresses. This was really stressful because they were expensive and we were in the middle of the writers and actors strike of 2023.” The missing refund for the one dress set off a lightbulb in Lindsay and Mark Goffman’s heads. “We were like, ‘Oh wow, how often is this happening?’” Lindsay Goffman said. “We then ordered from the top 120 online retailers to find out, and we found that there is a 7 1/2% error rate. I knew this was happening to other people, too. It was really stressful having all those charges on my card.” The more people the Goffmans talked to the more horror stories they heard about delayed, waylaid and simply non-existent refunds, and the hassle of arguing with retailers about reinstating funds while trying proving that they indeed returned the…

Refundly Is Taking The Guesswork Out Of Refunds For Retailers And Consumers

2025/10/23 01:07

Refundly is out to simplify online shopping one return at a time.

COURTESY OF REFUNDLY

Necessity is the mother of so many inventions. That includes Refundly, a new app that’s transforming the online returns process with tech innovation. It was born when Lindsay Goffman, a Hollywood writer whose credits include executive producer of ABC’s “The Good Doctor” and the film “The Company You Keep,” and her husband Mark, executive producer and writer on the NBC drama “The Irrational” and the Netflix series “The Umbrella Academy,” experienced the headache of returns firsthand.

When Lindsay needed a nice dress for a big family event, she did what any busy working mom would do, she ordered multiple styles and colors online and waited for them to arrive. “I found my dress and I returned all the others,” she said. “I had ordered so many, I literally created a Google Doc spreadsheet to track the refunds. It turned out that we didn’t get the money back for one of the dresses. This was really stressful because they were expensive and we were in the middle of the writers and actors strike of 2023.”

The missing refund for the one dress set off a lightbulb in Lindsay and Mark Goffman’s heads. “We were like, ‘Oh wow, how often is this happening?’” Lindsay Goffman said. “We then ordered from the top 120 online retailers to find out, and we found that there is a 7 1/2% error rate. I knew this was happening to other people, too. It was really stressful having all those charges on my card.”

The more people the Goffmans talked to the more horror stories they heard about delayed, waylaid and simply non-existent refunds, and the hassle of arguing with retailers about reinstating funds while trying proving that they indeed returned the item. Lindsay Goffman called returns a “$362 billion pain point” for the retail industry.”

“Our story – built on passion, driven by purpose,” the Refundly web site says. “Our app brings clarity to the returns process by showing exactly where your refund stands, all in one clean, intuitive interface. We’re on a mission to make financial clarity and trust the standard—not the exception.”

Asked how retailers responded when the couple confronted them with the non-existent refunds, Mark Goffman said the idea of Refundly was well-received. “When we contacted the retailers, because we were able to show them all the documentation, they immediately refunded the money and said, ‘Oh sorry it was an error,’” he said, noting that the refund experience is erratic at best. “Sometimes you don’t get any money back. Sometimes, because the return logistics system is set up really ad hoc, you may never get a refund.

“The process was set up to send you merchandise when you buy it, not for you to send it back, so there’s a lot of chinks in the system,” Mark Goffman explained. “A returned item may go to warehouses where all the stuff gets consolidated or maybe it gets sent to a landfill in South America or maybe to a wholesaler, but that’s a completely different problem. When you return something there’s just countless ways for human error or machine error to cause this problem. That’s why we created Refundly, so you can actually track and find out if there’s any discrepancies and can check it on your dashboard.”

“The Goffmans have an impressive list of mentors and investors, from Mark Mucchetti, the third co-founder of Refundly, and a technology executive with over 20 years of experience, to Sam Ng, director of engineering for Amazon AI. “Retailers have been really happy that there’s a solution,” Mark Goffman said. “We’re turning refunds into a branable marketing opportunity, because the moment you get your money back from a retailer, and we’re letting you know, ‘Hey, you just got $138 back from Nordstrom,’ you’re really happy with Nordstrom.”

Lindsay and Mark Goffman, cofounders of Refundly.

COURTESY OF REFUNDLY

The Goffmans called Refundly a simple and transparent way to track refunds. “We’ve got your back – your money back,” is the company’s tag line. “We believe in bringing calm to the clutter,” the web site said. “Refundly exists to simplify, streamline, and give people back their time and money.”

“All of the data shows that if people have a positive experience with their returns they’re significantly more inclined to continue shopping with that retailer,” Mark Goffman said. “This is another opportunity to create that bond and help restore trust. Returns and return shopping online is a part of their business whether anybody likes it or not. It’s a behavior that’s more than doubled in the last five years.”

According to Lindsay Goffman, Refundly is built to last. “From user data to refund tracking, we take accuracy and privacy seriously. Our goal is to be the most trusted name in returns,” the Refundly web site said. “Whether you’re returning a dress or managing the wardrobe for a hit TV show, your time matters. Refundly is here to make sure your money gets back where it belongs.”

And what about the Goffmans’ writing careers? “We’re passionate about this and we’re excited about solving this problem,” Lindsay Goffman said, referring to Refundly, and adding that the venture is taking up all of their time. “That’s what you get when you’re married to your cofounder. Refundly is full-time, 24/7, date nights, etc. Our kids ask about it. Oh yeah, our son is like, ‘What’s going on with Refundly?’ We hear people talking about 996, we’re 24/7.”

Ben Kruger, a data analyst and marketer at Events Ticket Center (ETC), and graduate of Indiana University, said Refundly is an app whose time has come. “I’m stoked to try it,” he added.

Source: https://www.forbes.com/sites/sharonedelson/2025/10/22/refundly-is-taking-the-guesswork-out-of-refunds-for-retailers-and-consumers/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Revolutionary Visa Stablecoin Integration: Unlocking New Payment Frontiers with Paxos

Revolutionary Visa Stablecoin Integration: Unlocking New Payment Frontiers with Paxos

BitcoinWorld Revolutionary Visa Stablecoin Integration: Unlocking New Payment Frontiers with Paxos Get ready for a monumental shift in how we think about digital payments! In an exciting development, Visa has announced a groundbreaking partnership with stablecoin issuer Paxos. This collaboration signifies a massive leap forward for Visa Stablecoin Integration, promising to bridge the gap between traditional finance and the rapidly evolving world of cryptocurrencies. What Does This Revolutionary Visa Stablecoin Integration Mean? At its core, this partnership allows Visa to support two prominent stablecoins: USDG and PYUSD. Stablecoins are cryptocurrencies designed to maintain a stable value, often pegged to a fiat currency like the US dollar. This stability makes them ideal for everyday transactions, avoiding the volatility often associated with other digital assets. Beyond supporting new digital currencies, Visa is also significantly expanding its blockchain network compatibility. Previously, Visa supported Ethereum (ETH) and Solana (SOL) chains. Now, this Visa Stablecoin Integration extends to include Stellar (XLM) and Avalanche (AVAX). This expansion dramatically increases the reach and utility of stablecoin-based payments within the Visa ecosystem. Why is Visa Stablecoin Integration a Game-Changer for Payments? This strategic move by Visa carries immense potential to reshape how we conduct transactions globally. Here are some key benefits: Enhanced Speed and Efficiency: Blockchain transactions can settle significantly faster than traditional banking methods, especially for cross-border payments. Reduced Costs: Lower transaction fees associated with stablecoins can benefit both consumers and merchants. Global Accessibility: Stablecoins offer a pathway for financial inclusion, enabling easier access to digital payments for individuals in underserved regions. Increased Transparency: Blockchain technology provides a transparent and immutable record of transactions. Broader Merchant Acceptance: As Visa integrates stablecoins, more merchants worldwide may begin accepting them, expanding payment options. Ultimately, this Visa Stablecoin Integration could make digital payments more seamless, cost-effective, and accessible for everyone. Navigating the Digital Frontier: What Challenges Lie with Visa Stablecoin Integration? While the benefits are clear, the path to widespread adoption of stablecoin payments is not without its hurdles. Regulatory clarity remains a significant factor. Governments worldwide are still developing frameworks for digital assets, and consistent regulations are crucial for long-term stability and trust. Moreover, user education is key. Many consumers and businesses are still unfamiliar with stablecoins and blockchain technology. Efforts to simplify understanding and build confidence will be essential. However, these challenges also present immense opportunities. As Visa, a trusted global payment giant, champions Visa Stablecoin Integration, it lends significant credibility to the digital asset space, potentially accelerating mainstream acceptance and innovation. How Will This Visa Stablecoin Integration Impact Everyday Transactions? Imagine sending money internationally with the speed of a text message and minimal fees. Or paying for your online shopping using a stablecoin that’s as reliable as your local currency. This partnership brings these scenarios closer to reality. For consumers, it means more choice and potentially lower costs when making purchases or sending money. For businesses, it offers faster settlement times, reducing operational delays and improving cash flow. The expansion to Stellar and Avalanche also opens doors to a wider array of decentralized applications and services that can now seamlessly integrate with Visa‘s payment infrastructure. This is an actionable insight for anyone involved in digital commerce or international remittances. In essence, the Visa Stablecoin Integration with Paxos is not just about adding new currencies; it’s about building a more efficient, inclusive, and interconnected global payment system for the future. This groundbreaking collaboration between Visa and Paxos marks a pivotal moment for digital payments. By embracing USDG and PYUSD and extending support to Stellar and Avalanche, Visa is actively shaping a future where stablecoins play a central role in everyday transactions. This Visa Stablecoin Integration promises to deliver greater efficiency, lower costs, and broader access to financial services, setting a new standard for global commerce. It’s an exciting time to watch these innovations unfold! Frequently Asked Questions (FAQs) 1. What are USDG and PYUSD? USDG (Paxos Gold) is a gold-backed stablecoin, while PYUSD (PayPal USD) is a US dollar-pegged stablecoin. Both are issued by Paxos and are designed to maintain a stable value, making them suitable for payments and remittances. 2. Which blockchain networks does Visa now support for stablecoins? Visa now supports stablecoins on Ethereum (ETH), Solana (SOL), Stellar (XLM), and Avalanche (AVAX). This expands the reach and flexibility of its stablecoin offerings. 3. How does the Visa and Paxos partnership benefit consumers? Consumers can benefit from faster and potentially cheaper international payments, increased transparency, and a broader range of options for digital transactions. This Visa Stablecoin Integration aims to make digital money more accessible and efficient. 4. Will this Visa Stablecoin Integration make crypto payments more mainstream? Yes, the involvement of a global payment giant like Visa in supporting stablecoins through Paxos significantly boosts the credibility and accessibility of crypto payments, paving the way for wider mainstream adoption. Did you find this article insightful? Share it with your friends, colleagues, and anyone interested in the future of digital payments! Your support helps us spread awareness about these exciting developments. To learn more about the latest crypto market trends, explore our article on key developments shaping the future of institutional adoption. This post Revolutionary Visa Stablecoin Integration: Unlocking New Payment Frontiers with Paxos first appeared on BitcoinWorld.
Share
2025/10/29 05:55