diff --git a/CHANGELOG.md b/CHANGELOG.md
index cb47febc..53fdc904 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,7 @@ to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
 ### Added
 
+- Support for retrieving merchant account transactions ([#81](https://github.com/TrueLayer/truelayer-php/pull/81))
 - Support for `creditable_at` in Authorised, Executed, Settled, Failed payments ([#82](https://github.com/TrueLayer/truelayer-php/pull/82))
 - Enabled PHP 8.4 in CI test matrix. Excluded the lowest dependencies versions to overcome incompatibility issues ([#83](https://github.com/TrueLayer/truelayer-php/pull/83))
 
diff --git a/README.md b/README.md
index e18a2586..f818d158 100644
--- a/README.md
+++ b/README.md
@@ -1020,6 +1020,22 @@ foreach ($merchantAccount->getAccountIdentifiers() as $accountIdentifier) {
 }
 ```
 
+Retrieving a merchant account's list of transactions:
+
+```php
+$account = $client->getMerchantAccount('a2dcee6d-7a00-414d-a1e6-8a2b23169e00');
+
+$from = (new DateTime())->sub(new DateInterval("PT6H"));
+$to = new DateTime();
+
+$transactions = $account->getTransactions($from, $to);
+
+foreach ($transactions as $transaction) {
+    // See MerchantAccountRetrievedTransactionInterface and
+    // the interfaces that extend it for available methods.
+}
+```
+
 <a name="signup-plus"></a>
 
 # SignUp Plus
diff --git a/config/bindings.php b/config/bindings.php
index 9af12f58..6e8c9146 100644
--- a/config/bindings.php
+++ b/config/bindings.php
@@ -92,6 +92,14 @@
     Interfaces\Remitter\RemitterVerification\AutomatedRemitterVerificationInterface::class => Entities\Remitter\RemitterVerification\AutomatedRemitterVerification::class,
 
     Interfaces\MerchantAccount\MerchantAccountInterface::class => Entities\MerchantAccount\MerchantAccount::class,
+    Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface::class => Entities\MerchantAccount\Transactions\MerchantAccountTransactionRetrieved::class,
+    Interfaces\MerchantAccount\Transactions\MerchantAccountPaymentInterface::class => Entities\MerchantAccount\Transactions\MerchantAccountPayment::class,
+    Interfaces\MerchantAccount\Transactions\MerchantAccountExternalPaymentInterface::class => Entities\MerchantAccount\Transactions\MerchantAccountExternalPayment::class,
+    Interfaces\MerchantAccount\Transactions\MerchantAccountPendingPayoutInterface::class => Entities\MerchantAccount\Transactions\MerchantAccountPendingPayout::class,
+    Interfaces\MerchantAccount\Transactions\MerchantAccountExecutedPayoutInterface::class => Entities\MerchantAccount\Transactions\MerchantAccountExecutedPayout::class,
+    Interfaces\MerchantAccount\Transactions\MerchantAccountRefundInterface::class => Entities\MerchantAccount\Transactions\MerchantAccountRefund::class,
+    Interfaces\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnIdentifiedInterface::class => Entities\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnIdentified::class,
+    Interfaces\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnUnknownInterface::class => Entities\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnUnknown::class,
 
     Interfaces\Webhook\PaymentAuthorizedEventInterface::class => Entities\Webhook\PaymentAuthorizedEvent::class,
     Interfaces\Webhook\PaymentExecutedEventInterface::class => Entities\Webhook\PaymentExecutedEvent::class,
diff --git a/config/discriminations.php b/config/discriminations.php
index f5cc23ce..14955c48 100644
--- a/config/discriminations.php
+++ b/config/discriminations.php
@@ -6,6 +6,8 @@
 use TrueLayer\Constants\AuthorizationFlowActionTypes;
 use TrueLayer\Constants\AuthorizationFlowStatusTypes;
 use TrueLayer\Constants\BeneficiaryTypes;
+use TrueLayer\Constants\MerchantAccountPayoutStatuses;
+use TrueLayer\Constants\MerchantAccountTransactionTypes;
 use TrueLayer\Constants\PaymentMethods;
 use TrueLayer\Constants\PaymentStatus;
 use TrueLayer\Constants\PayoutStatus;
@@ -119,4 +121,16 @@
         'discriminate_on' => 'type',
         RemitterVerificationTypes::AUTOMATED => Interfaces\Remitter\RemitterVerification\AutomatedRemitterVerificationInterface::class,
     ],
+    Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface::class => [
+        'discriminate_on' => 'type',
+        MerchantAccountTransactionTypes::EXTERNAL_PAYMENT => Interfaces\MerchantAccount\Transactions\MerchantAccountExternalPaymentInterface::class,
+        MerchantAccountTransactionTypes::PAYOUT => Interfaces\MerchantAccount\Transactions\MerchantAccountPayoutInterface::class,
+        MerchantAccountTransactionTypes::REFUND => Interfaces\MerchantAccount\Transactions\MerchantAccountRefundInterface::class,
+        MerchantAccountTransactionTypes::MERCHANT_ACCOUNT_PAYMENT => Interfaces\MerchantAccount\Transactions\MerchantAccountPaymentInterface::class,
+    ],
+    Interfaces\MerchantAccount\Transactions\MerchantAccountPayoutInterface::class => [
+        'discriminate_on' => 'status',
+        MerchantAccountPayoutStatuses::EXECUTED_PAYOUT => Interfaces\MerchantAccount\Transactions\MerchantAccountExecutedPayoutInterface::class,
+        MerchantAccountPayoutStatuses::PENDING_PAYOUT => Interfaces\MerchantAccount\Transactions\MerchantAccountPendingPayoutInterface::class,
+    ],
 ];
diff --git a/src/Constants/MerchantAccountPayoutStatuses.php b/src/Constants/MerchantAccountPayoutStatuses.php
new file mode 100644
index 00000000..c243f2c0
--- /dev/null
+++ b/src/Constants/MerchantAccountPayoutStatuses.php
@@ -0,0 +1,11 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Constants;
+
+class MerchantAccountPayoutStatuses
+{
+    public const EXECUTED_PAYOUT = 'executed';
+    public const PENDING_PAYOUT = 'pending';
+}
diff --git a/src/Constants/MerchantAccountTransactionTypes.php b/src/Constants/MerchantAccountTransactionTypes.php
new file mode 100644
index 00000000..53805333
--- /dev/null
+++ b/src/Constants/MerchantAccountTransactionTypes.php
@@ -0,0 +1,13 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Constants;
+
+class MerchantAccountTransactionTypes
+{
+    public const MERCHANT_ACCOUNT_PAYMENT = 'merchant_account_payment';
+    public const EXTERNAL_PAYMENT = 'external_payment';
+    public const PAYOUT = 'payout';
+    public const REFUND = 'refund';
+}
diff --git a/src/Entities/MerchantAccount/MerchantAccount.php b/src/Entities/MerchantAccount/MerchantAccount.php
index 3b2942fb..eab047fb 100644
--- a/src/Entities/MerchantAccount/MerchantAccount.php
+++ b/src/Entities/MerchantAccount/MerchantAccount.php
@@ -5,11 +5,17 @@
 namespace TrueLayer\Entities\MerchantAccount;
 
 use TrueLayer\Entities\Entity;
+use TrueLayer\Exceptions\InvalidArgumentException;
 use TrueLayer\Interfaces\AccountIdentifier\AccountIdentifierInterface;
+use TrueLayer\Interfaces\HasApiFactoryInterface;
 use TrueLayer\Interfaces\MerchantAccount\MerchantAccountInterface;
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface;
+use TrueLayer\Traits\ProvidesApiFactory;
 
-final class MerchantAccount extends Entity implements MerchantAccountInterface
+final class MerchantAccount extends Entity implements MerchantAccountInterface, HasApiFactoryInterface
 {
+    use ProvidesApiFactory;
+
     /**
      * @var string
      */
@@ -103,4 +109,18 @@ public function getAccountHolderName(): string
     {
         return $this->accountHolderName;
     }
+
+    /**
+     * @param \DateTimeInterface $from
+     * @param \DateTimeInterface $to
+     *
+     * @return array|MerchantAccountTransactionRetrievedInterface[]
+     * @throws InvalidArgumentException
+     */
+    public function getTransactions(\DateTimeInterface $from, \DateTimeInterface $to): array {
+        $data = $this->getApiFactory()->merchantAccountsApi()
+            ->listTransactions($this->id, $from, $to);
+
+        return $this->entityFactory->makeMany(MerchantAccountTransactionRetrievedInterface::class, $data);
+    }
 }
diff --git a/src/Entities/MerchantAccount/Transactions/MerchantAccountExecutedPayout.php b/src/Entities/MerchantAccount/Transactions/MerchantAccountExecutedPayout.php
new file mode 100644
index 00000000..aa1aa27f
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/MerchantAccountExecutedPayout.php
@@ -0,0 +1,47 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountExecutedPayoutInterface;
+
+class MerchantAccountExecutedPayout extends MerchantAccountPayout implements MerchantAccountExecutedPayoutInterface
+{
+    /**
+     * @var string
+     */
+    protected string $returnedBy;
+
+    /**
+     * @var string
+     */
+    protected string $schemeId;
+
+    /**
+     * @return string[]
+     */
+    protected function arrayFields(): array
+    {
+        return \array_merge(parent::arrayFields(), [
+            'returned_by',
+            'scheme_id',
+        ]);
+    }
+
+    /**
+     * @return string|null
+     */
+    public function getReturnedBy(): ?string
+    {
+        return $this->returnedBy ?? null;
+    }
+
+    /**
+     * @return string|null
+     */
+    public function getSchemeId(): ?string
+    {
+        return $this->schemeId ?? null;
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/MerchantAccountExternalPayment.php b/src/Entities/MerchantAccount/Transactions/MerchantAccountExternalPayment.php
new file mode 100644
index 00000000..778be2ad
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/MerchantAccountExternalPayment.php
@@ -0,0 +1,55 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountExternalPaymentInterface;
+use TrueLayer\Interfaces\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnInterface;
+
+class MerchantAccountExternalPayment extends MerchantAccountTransactionRetrieved implements MerchantAccountExternalPaymentInterface
+{
+    /**
+     * @var \DateTimeInterface
+     */
+    protected \DateTimeInterface $settledAt;
+
+    /**
+     * @var MerchantAccountExternalPaymentReturnInterface
+     */
+    protected MerchantAccountExternalPaymentReturnInterface $returnedFor;
+
+    /**
+     * @var array|string[]
+     */
+    protected array $casts = [
+        'settled_at' => \DateTimeInterface::class,
+    ];
+
+    /**
+     * @return string[]
+     */
+    protected function arrayFields(): array
+    {
+        return \array_merge(parent::arrayFields(), [
+            'settled_at',
+            'returned_for',
+        ]);
+    }
+
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getSettledAt(): \DateTimeInterface
+    {
+        return $this->settledAt;
+    }
+
+    /**
+     * @return MerchantAccountExternalPaymentReturnInterface|null
+     */
+    public function getRefundFor(): ?MerchantAccountExternalPaymentReturnInterface
+    {
+        return $this->returnedFor ?? null;
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/MerchantAccountPayment.php b/src/Entities/MerchantAccount/Transactions/MerchantAccountPayment.php
new file mode 100644
index 00000000..d0dca903
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/MerchantAccountPayment.php
@@ -0,0 +1,84 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountPaymentInterface;
+use TrueLayer\Interfaces\Payout\Beneficiary\PaymentSourceBeneficiaryInterface;
+
+class MerchantAccountPayment extends MerchantAccountTransactionRetrieved implements MerchantAccountPaymentInterface
+{
+    /**
+     * @var \DateTimeInterface
+     */
+    protected \DateTimeInterface $settledAt;
+
+    /**
+     * @var PaymentSourceBeneficiaryInterface
+     */
+    protected PaymentSourceBeneficiaryInterface $paymentSource;
+
+    /**
+     * @var string
+     */
+    protected string $paymentId;
+
+    /**
+     * @var array<string, string>
+     */
+    protected array $metadata;
+
+    /**
+     * @var array|string[]
+     */
+    protected array $casts = [
+        'settled_at' => \DateTimeInterface::class,
+        'payment_source' => PaymentSourceBeneficiaryInterface::class,
+    ];
+
+    /**
+     * @return string[]
+     */
+    protected function arrayFields(): array
+    {
+        return \array_merge(parent::arrayFields(), [
+            'settled_at',
+            'payment_id',
+            'payment_source',
+            'metadata',
+        ]);
+    }
+
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getSettledAt(): \DateTimeInterface
+    {
+        return $this->settledAt;
+    }
+
+    /**
+     * @return PaymentSourceBeneficiaryInterface
+     */
+    public function getPaymentSource(): PaymentSourceBeneficiaryInterface
+    {
+        return $this->paymentSource;
+    }
+
+    /**
+     * @return string
+     */
+    public function getPaymentId(): string
+    {
+        return $this->paymentId;
+    }
+
+    /**
+     * @return string[]
+     */
+    public function getMetadata(): array
+    {
+        return $this->metadata ?? [];
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/MerchantAccountPayout.php b/src/Entities/MerchantAccount/Transactions/MerchantAccountPayout.php
new file mode 100644
index 00000000..48dd8b17
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/MerchantAccountPayout.php
@@ -0,0 +1,98 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountPayoutInterface;
+use TrueLayer\Interfaces\Payout\Beneficiary\BeneficiaryInterface;
+
+abstract class MerchantAccountPayout extends MerchantAccountTransactionRetrieved implements MerchantAccountPayoutInterface
+{
+    /**
+     * @var \DateTimeInterface
+     */
+    protected \DateTimeInterface $createdAt;
+
+    /**
+     * @var string
+     */
+    protected string $contextCode;
+
+    /**
+     * @var string
+     */
+    protected string $payoutId;
+
+    /**
+     * @var BeneficiaryInterface
+     */
+    protected BeneficiaryInterface $beneficiary;
+
+    /**
+     * @var array<string, string>
+     */
+    protected array $metadata;
+
+    /**
+     * @var array|string[]
+     */
+    protected array $casts = [
+        'created_at' => \DateTimeInterface::class,
+        'beneficiary' => BeneficiaryInterface::class,
+    ];
+
+    /**
+     * @return string[]
+     */
+    protected function arrayFields(): array
+    {
+        return \array_merge(parent::arrayFields(), [
+            'created_at',
+            'context_code',
+            'payout_id',
+            'beneficiary',
+            'metadata',
+        ]);
+    }
+
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getCreatedAt(): \DateTimeInterface
+    {
+        return $this->createdAt;
+    }
+
+    /**
+     * @return string
+     */
+    public function getContextCode(): string
+    {
+        return $this->contextCode;
+    }
+
+    /**
+     * @return string
+     */
+    public function getPayoutId(): string
+    {
+        return $this->payoutId;
+    }
+
+    /**
+     * @return BeneficiaryInterface
+     */
+    public function getBeneficiary(): BeneficiaryInterface
+    {
+        return $this->beneficiary;
+    }
+
+    /**
+     * @return array<string, string>
+     */
+    public function getMetadata(): array
+    {
+        return $this->metadata ?? [];
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/MerchantAccountPendingPayout.php b/src/Entities/MerchantAccount/Transactions/MerchantAccountPendingPayout.php
new file mode 100644
index 00000000..3d647232
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/MerchantAccountPendingPayout.php
@@ -0,0 +1,12 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountPendingPayoutInterface;
+
+class MerchantAccountPendingPayout extends MerchantAccountPayout implements MerchantAccountPendingPayoutInterface
+{
+
+}
diff --git a/src/Entities/MerchantAccount/Transactions/MerchantAccountRefund.php b/src/Entities/MerchantAccount/Transactions/MerchantAccountRefund.php
new file mode 100644
index 00000000..2a95d39f
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/MerchantAccountRefund.php
@@ -0,0 +1,155 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountRefundInterface;
+use TrueLayer\Interfaces\Payout\Beneficiary\PaymentSourceBeneficiaryInterface;
+
+class MerchantAccountRefund extends MerchantAccountTransactionRetrieved implements MerchantAccountRefundInterface
+{
+    /**
+     * @var \DateTimeInterface
+     */
+    protected \DateTimeInterface $createdAt;
+
+    /**
+     * @var \DateTimeInterface
+     */
+    protected \DateTimeInterface $executedAt;
+
+    /**
+     * @var PaymentSourceBeneficiaryInterface
+     */
+    protected PaymentSourceBeneficiaryInterface $beneficiary;
+
+    /**
+     * @var string
+     */
+    protected string $contextCode;
+
+    /**
+     * @var string
+     */
+    protected string $refundId;
+
+    /**
+     * @var string
+     */
+    protected string $paymentId;
+
+    /**
+     * @var string
+     */
+    protected string $returnedBy;
+
+    /**
+     * @var string
+     */
+    protected string $schemeId;
+
+    /**
+     * @var array<string, string>
+     */
+    protected array $metadata;
+
+    /**
+     * @var array|string[]
+     */
+    protected array $casts = [
+        'created_at' => \DateTimeInterface::class,
+        'executed_at' => \DateTimeInterface::class,
+        'beneficiary' => PaymentSourceBeneficiaryInterface::class,
+    ];
+
+    /**
+     * @return string[]
+     */
+    protected function arrayFields(): array
+    {
+        return \array_merge(parent::arrayFields(), [
+            'created_at',
+            'executed_at',
+            'beneficiary',
+            'context_code',
+            'refund_id',
+            'payment_id',
+            'returned_by',
+            'scheme_id',
+            'metadata',
+        ]);
+    }
+
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getCreatedAt(): \DateTimeInterface
+    {
+        return $this->createdAt;
+    }
+
+    /**
+     * @return \DateTimeInterface|null
+     */
+    public function getExecutedAt(): ?\DateTimeInterface
+    {
+        return $this->executedAt ?? null;
+    }
+
+    /**
+     * @return PaymentSourceBeneficiaryInterface
+     */
+    public function getBeneficiary(): PaymentSourceBeneficiaryInterface
+    {
+        return $this->beneficiary;
+    }
+
+    /**
+     * @return string
+     */
+    public function getContextCode(): string
+    {
+        return $this->contextCode;
+    }
+
+    /**
+     * @return string
+     */
+    public function getRefundId(): string
+    {
+        return $this->refundId;
+    }
+
+    /**
+     * @return string
+     */
+    public function getPaymentId(): string
+    {
+        return $this->paymentId;
+    }
+
+    /**
+     * @return string|null
+     */
+    public function getReturnedBy(): ?string
+    {
+        return $this->returnedBy ?? null;
+    }
+
+    /**
+     * @return string|null
+     */
+    public function getSchemeId(): ?string
+    {
+        return $this->schemeId ?? null;
+    }
+
+    /**
+     * @return array<string, string>
+     */
+    public function getMetadata(): array
+    {
+        return $this->metadata ?? [];
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/MerchantAccountTransactionRetrieved.php b/src/Entities/MerchantAccount/Transactions/MerchantAccountTransactionRetrieved.php
new file mode 100644
index 00000000..140d7864
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/MerchantAccountTransactionRetrieved.php
@@ -0,0 +1,87 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions;
+
+use TrueLayer\Entities\Entity;
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface;
+
+abstract class MerchantAccountTransactionRetrieved extends Entity implements MerchantAccountTransactionRetrievedInterface
+{
+    /**
+     * @var string
+     */
+    protected string $type;
+
+    /**
+     * @var string
+     */
+    protected string $id;
+
+    /**
+     * @var int
+     */
+    protected int $amountInMinor;
+
+    /**
+     * @var string
+     */
+    protected string $currency;
+
+    /**
+     * @var string
+     */
+    protected string $status;
+
+    /**
+     * @var array<string>
+     */
+    protected array $arrayFields = [
+        'type',
+        'id',
+        'amount_in_minor',
+        'currency',
+        'status',
+    ];
+
+    /**
+     * @return string
+     */
+    public function getType(): string
+    {
+        return $this->type;
+    }
+
+    /**
+     * @return string
+     */
+    public function getId(): string
+    {
+        return $this->id;
+    }
+
+    /**
+     * @return int
+     */
+    public function getAmountInMinor(): int
+    {
+        return $this->amountInMinor;
+    }
+
+    /**
+     * @return string
+     */
+    public function getCurrency(): string
+    {
+        return $this->currency;
+    }
+
+    /**
+     * @return string
+     */
+    public function getStatus(): string
+    {
+        return $this->status;
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturn.php b/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturn.php
new file mode 100644
index 00000000..03346351
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturn.php
@@ -0,0 +1,30 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions\Returns;
+
+use TrueLayer\Entities\Entity;
+use TrueLayer\Interfaces\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnInterface;
+
+abstract class MerchantAccountExternalPaymentReturn extends Entity implements MerchantAccountExternalPaymentReturnInterface
+{
+    /**
+     * @var string
+     */
+    protected string $type;
+
+    /**
+     * @var array|string[]
+     */
+    protected array $arrayFields = [
+        'type',
+    ];
+
+    /**
+     * @return string
+     */
+    public function getType(): string {
+        return $this->type;
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnIdentified.php b/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnIdentified.php
new file mode 100644
index 00000000..db099a60
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnIdentified.php
@@ -0,0 +1,33 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions\Returns;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnIdentifiedInterface;
+
+class MerchantAccountExternalPaymentReturnIdentified extends MerchantAccountExternalPaymentReturn implements MerchantAccountExternalPaymentReturnIdentifiedInterface
+{
+    /**
+     * @var string
+     */
+    protected string $returnId;
+
+    /**
+     * @return string[]
+     */
+    protected function arrayFields(): array
+    {
+        return \array_merge(parent::arrayFields(), [
+            'return_id',
+        ]);
+    }
+
+    /**
+     * @return string
+     */
+    public function getReturnId(): string
+    {
+        return $this->returnId;
+    }
+}
diff --git a/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnUnknown.php b/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnUnknown.php
new file mode 100644
index 00000000..7d867edd
--- /dev/null
+++ b/src/Entities/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnUnknown.php
@@ -0,0 +1,12 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Entities\MerchantAccount\Transactions\Returns;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnUnknownInterface;
+
+class MerchantAccountExternalPaymentReturnUnknown extends MerchantAccountExternalPaymentReturn implements MerchantAccountExternalPaymentReturnUnknownInterface
+{
+
+}
diff --git a/src/Interfaces/Api/MerchantAccountsApiInterface.php b/src/Interfaces/Api/MerchantAccountsApiInterface.php
index 1d88cb4b..1b757dda 100644
--- a/src/Interfaces/Api/MerchantAccountsApiInterface.php
+++ b/src/Interfaces/Api/MerchantAccountsApiInterface.php
@@ -8,6 +8,7 @@
 use TrueLayer\Exceptions\ApiResponseUnsuccessfulException;
 use TrueLayer\Exceptions\SignerException;
 use TrueLayer\Interfaces\MerchantAccount\MerchantAccountInterface;
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface;
 
 interface MerchantAccountsApiInterface
 {
@@ -30,4 +31,13 @@ public function list(): array;
      * @return mixed[]
      */
     public function retrieve(string $id): array;
+
+    /**
+     * @param string $merchantAccountId
+     * @param \DateTimeInterface $from
+     * @param \DateTimeInterface $to
+     *
+     * @return MerchantAccountTransactionRetrievedInterface[]
+     */
+    public function listTransactions(string $merchantAccountId, \DateTimeInterface $from, \DateTimeInterface $to): array;
 }
diff --git a/src/Interfaces/MerchantAccount/MerchantAccountInterface.php b/src/Interfaces/MerchantAccount/MerchantAccountInterface.php
index ba390c77..1f6d7eb1 100644
--- a/src/Interfaces/MerchantAccount/MerchantAccountInterface.php
+++ b/src/Interfaces/MerchantAccount/MerchantAccountInterface.php
@@ -6,6 +6,7 @@
 
 use TrueLayer\Interfaces\AccountIdentifier\AccountIdentifierInterface;
 use TrueLayer\Interfaces\ArrayableInterface;
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface;
 
 interface MerchantAccountInterface extends ArrayableInterface
 {
@@ -38,4 +39,9 @@ public function getCurrentBalanceInMinor(): int;
      * @return string
      */
     public function getAccountHolderName(): string;
+
+    /**
+     * @return MerchantAccountTransactionRetrievedInterface[]
+     */
+    public function getTransactions(\DateTimeInterface $from, \DateTimeInterface $to): array;
 }
diff --git a/src/Interfaces/MerchantAccount/Transactions/MerchantAccountExecutedPayoutInterface.php b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountExecutedPayoutInterface.php
new file mode 100644
index 00000000..432e808b
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountExecutedPayoutInterface.php
@@ -0,0 +1,18 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions;
+
+interface MerchantAccountExecutedPayoutInterface extends MerchantAccountPayoutInterface
+{
+    /**
+     * @return string|null
+     */
+    public function getReturnedBy(): ?string;
+
+    /**
+     * @return string|null
+     */
+    public function getSchemeId(): ?string;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/MerchantAccountExternalPaymentInterface.php b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountExternalPaymentInterface.php
new file mode 100644
index 00000000..428797e8
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountExternalPaymentInterface.php
@@ -0,0 +1,20 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\MerchantAccount\Transactions\Returns\MerchantAccountExternalPaymentReturnInterface;
+
+interface MerchantAccountExternalPaymentInterface extends MerchantAccountTransactionRetrievedInterface
+{
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getSettledAt(): \DateTimeInterface;
+
+    /**
+     * @return MerchantAccountExternalPaymentReturnInterface|null
+     */
+    public function getRefundFor(): ?MerchantAccountExternalPaymentReturnInterface;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPaymentInterface.php b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPaymentInterface.php
new file mode 100644
index 00000000..e659fe9f
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPaymentInterface.php
@@ -0,0 +1,31 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\Payment\PaymentSourceInterface;
+use TrueLayer\Interfaces\Payout\Beneficiary\PaymentSourceBeneficiaryInterface;
+
+interface MerchantAccountPaymentInterface
+{
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getSettledAt(): \DateTimeInterface;
+
+    /**
+     * @return PaymentSourceBeneficiaryInterface
+     */
+    public function getPaymentSource(): PaymentSourceBeneficiaryInterface;
+
+    /**
+     * @return string
+     */
+    public function getPaymentId(): string;
+
+    /**
+     * @return array<string, string>
+     */
+    public function getMetadata(): array;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPayoutInterface.php b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPayoutInterface.php
new file mode 100644
index 00000000..c53b4797
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPayoutInterface.php
@@ -0,0 +1,35 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\Payout\Beneficiary\BeneficiaryInterface;
+
+interface MerchantAccountPayoutInterface
+{
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getCreatedAt(): \DateTimeInterface;
+
+    /**
+     * @return string
+     */
+    public function getContextCode(): string;
+
+    /**
+     * @return string
+     */
+    public function getPayoutId(): string;
+
+    /**
+     * @return BeneficiaryInterface
+     */
+    public function getBeneficiary(): BeneficiaryInterface;
+
+    /**
+     * @return array<string, string>
+     */
+    public function getMetadata(): array;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPendingPayoutInterface.php b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPendingPayoutInterface.php
new file mode 100644
index 00000000..76e47924
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountPendingPayoutInterface.php
@@ -0,0 +1,10 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions;
+
+interface MerchantAccountPendingPayoutInterface extends MerchantAccountPayoutInterface
+{
+
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/MerchantAccountRefundInterface.php b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountRefundInterface.php
new file mode 100644
index 00000000..4b412490
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountRefundInterface.php
@@ -0,0 +1,55 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions;
+
+use TrueLayer\Interfaces\Payout\Beneficiary\PaymentSourceBeneficiaryInterface;
+
+interface MerchantAccountRefundInterface
+{
+    /**
+     * @return \DateTimeInterface
+     */
+    public function getCreatedAt(): \DateTimeInterface;
+
+    /**
+     * @return \DateTimeInterface|null
+     */
+    public function getExecutedAt(): ?\DateTimeInterface;
+
+    /**
+     * @return PaymentSourceBeneficiaryInterface
+     */
+    public function getBeneficiary(): PaymentSourceBeneficiaryInterface;
+
+    /**
+     * @return string
+     */
+    public function getContextCode(): string;
+
+    /**
+     * @return string
+     */
+    public function getRefundId(): string;
+
+    /**
+     * @return string
+     */
+    public function getPaymentId(): string;
+
+    /**
+     * @return string|null
+     */
+    public function getReturnedBy(): ?string;
+
+    /**
+     * @return string|null
+     */
+    public function getSchemeId(): ?string;
+
+    /**
+     * @return array<string, string>
+     */
+    public function getMetadata(): array;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/MerchantAccountTransactionRetrievedInterface.php b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountTransactionRetrievedInterface.php
new file mode 100644
index 00000000..30177d93
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/MerchantAccountTransactionRetrievedInterface.php
@@ -0,0 +1,33 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions;
+
+interface MerchantAccountTransactionRetrievedInterface
+{
+    /**
+     * @return string
+     */
+    public function getType(): string;
+
+    /**
+     * @return string
+     */
+    public function getId(): string;
+
+    /**
+     * @return int
+     */
+    public function getAmountInMinor(): int;
+
+    /**
+     * @return string
+     */
+    public function getCurrency(): string;
+
+    /**
+     * @return string
+     */
+    public function getStatus(): string;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnIdentifiedInterface.php b/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnIdentifiedInterface.php
new file mode 100644
index 00000000..dbadbc21
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnIdentifiedInterface.php
@@ -0,0 +1,13 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions\Returns;
+
+interface MerchantAccountExternalPaymentReturnIdentifiedInterface extends MerchantAccountExternalPaymentReturnInterface
+{
+    /**
+     * @return string
+     */
+    public function getReturnId(): string;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnInterface.php b/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnInterface.php
new file mode 100644
index 00000000..b27a0056
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnInterface.php
@@ -0,0 +1,13 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions\Returns;
+
+interface MerchantAccountExternalPaymentReturnInterface
+{
+    /**
+     * @return string
+     */
+    public function getType(): string;
+}
diff --git a/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnUnknownInterface.php b/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnUnknownInterface.php
new file mode 100644
index 00000000..bb7ed3f4
--- /dev/null
+++ b/src/Interfaces/MerchantAccount/Transactions/Returns/MerchantAccountExternalPaymentReturnUnknownInterface.php
@@ -0,0 +1,10 @@
+<?php
+
+declare(strict_types=1);
+
+namespace TrueLayer\Interfaces\MerchantAccount\Transactions\Returns;
+
+interface MerchantAccountExternalPaymentReturnUnknownInterface extends MerchantAccountExternalPaymentReturnInterface
+{
+
+}
diff --git a/src/Services/Api/MerchantAccountsApi.php b/src/Services/Api/MerchantAccountsApi.php
index f3cf880d..bd418f83 100644
--- a/src/Services/Api/MerchantAccountsApi.php
+++ b/src/Services/Api/MerchantAccountsApi.php
@@ -9,6 +9,7 @@
 use TrueLayer\Exceptions\ApiResponseUnsuccessfulException;
 use TrueLayer\Exceptions\SignerException;
 use TrueLayer\Interfaces\Api\MerchantAccountsApiInterface;
+use TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface;
 
 final class MerchantAccountsApi extends Api implements MerchantAccountsApiInterface
 {
@@ -45,4 +46,28 @@ public function retrieve(string $id): array
             ->uri(Endpoints::MERCHANT_ACCOUNTS . '/' . $id)
             ->get();
     }
+
+    /**
+     * @param string $merchantAccountId
+     * @param \DateTimeInterface $from
+     * @param \DateTimeInterface $to
+     *
+     * @return MerchantAccountTransactionRetrievedInterface[]
+     *
+     * @throws ApiResponseUnsuccessfulException
+     * @throws SignerException
+     * @throws ApiRequestJsonSerializationException
+     */
+    public function listTransactions(string $merchantAccountId, \DateTimeInterface $from, \DateTimeInterface $to): array
+    {
+        $uri = "{$merchantAccountId}/transactions?from={$from->format(\DateTimeInterface::ATOM)}&to={$to->format(\DateTimeInterface::ATOM)}";
+
+        $response = (array) $this->request()
+            ->uri(Endpoints::MERCHANT_ACCOUNTS . '/' . $uri)
+            ->get();
+
+        return isset($response['items']) && \is_array($response['items'])
+            ? $response['items']
+            : [];
+    }
 }
diff --git a/src/Services/Client/Client.php b/src/Services/Client/Client.php
index 5d80644e..f451cb00 100644
--- a/src/Services/Client/Client.php
+++ b/src/Services/Client/Client.php
@@ -373,7 +373,6 @@ public function getPayout(string $id): PayoutRetrievedInterface
     }
 
     /**
-     * @throws InvalidArgumentException
      * @throws InvalidArgumentException
      * @throws SignerException
      * @throws ApiRequestJsonSerializationException
diff --git a/tests/acceptance/MerchantAccountsTest.php b/tests/acceptance/MerchantAccountsTest.php
index 824d0b1d..1aeadae3 100644
--- a/tests/acceptance/MerchantAccountsTest.php
+++ b/tests/acceptance/MerchantAccountsTest.php
@@ -35,3 +35,16 @@
     \expect(\count($account->getAccountIdentifiers()))->toBeGreaterThan(0);
     \expect($account->getAccountIdentifiers()[0])->toBeInstanceOf(AccountIdentifierInterface::class);
 });
+
+\it('retrieves merchant account transactions', function () {
+    $accounts = \client()->getMerchantAccounts();
+    $account = \client()->getMerchantAccount($accounts[0]->getId());
+
+    $from = (new DateTime())->sub(new DateInterval("PT5H"));
+    $to = new DateTime();
+
+    $transactions = $account->getTransactions($from, $to);
+    \expect($transactions)->toBeArray();
+    \expect(count($transactions))->toBeGreaterThan(0);
+    \expect($transactions[0])->toBeInstanceOf(\TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountTransactionRetrievedInterface::class);
+});
diff --git a/tests/integration/MerchantAccountTest.php b/tests/integration/MerchantAccountTest.php
index 77b52e74..3e618d8c 100644
--- a/tests/integration/MerchantAccountTest.php
+++ b/tests/integration/MerchantAccountTest.php
@@ -46,3 +46,21 @@
     \expect($account->getAccountHolderName())->toBe('John Doe');
     \expect($account->getAccountIdentifiers()[0])->toBeInstanceOf(IbanDetailsInterface::class);
 });
+
+\it('retrieves a merchant account\'s transactions', function () {
+    $client = \client([MerchantAccountResponse::account(), MerchantAccountResponse::transactions()]);
+
+    $account = $client->getMerchantAccount('1');
+
+    $from = DateTime::createFromFormat(DateTime::ATOM, '2025-05-01T00:00:00Z');
+    $to = DateTime::createFromFormat(DateTime::ATOM, '2025-05-30T00:00:00Z');
+
+    $transactions = $account->getTransactions($from, $to);
+
+    \expect(count($transactions))->toBe(5);
+    \expect($transactions[0])->toBeInstanceOf(\TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountPaymentInterface::class);
+    \expect($transactions[1])->toBeInstanceOf(\TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountExternalPaymentInterface::class);
+    \expect($transactions[2])->toBeInstanceOf(\TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountPendingPayoutInterface::class);
+    \expect($transactions[3])->toBeInstanceOf(\TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountExecutedPayoutInterface::class);
+    \expect($transactions[4])->toBeInstanceOf(\TrueLayer\Interfaces\MerchantAccount\Transactions\MerchantAccountRefundInterface::class);
+});
diff --git a/tests/integration/Mocks/MerchantAccountResponse.php b/tests/integration/Mocks/MerchantAccountResponse.php
index d097b6f8..8a5be3ad 100644
--- a/tests/integration/Mocks/MerchantAccountResponse.php
+++ b/tests/integration/Mocks/MerchantAccountResponse.php
@@ -17,4 +17,190 @@ public static function account(): Response
     {
         return new Response(200, [], '{"id":"a2dcee6d-7a00-414d-a1e6-8a2b23169e00","currency":"EUR","account_identifiers":[{"type":"iban","iban":"GB38CLRB04066200003769"}],"available_balance_in_minor":100000,"current_balance_in_minor":100000,"account_holder_name":"John Doe"}');
     }
+
+    public static function transactions(): Response
+    {
+        return new Response(200, [], '{
+          "items": [
+            {
+              "type": "merchant_account_payment",
+              "id": "string",
+              "currency": "GBP",
+              "amount_in_minor": 0,
+              "status": "settled",
+              "settled_at": "2025-05-03T10:23:00Z",
+              "payment_source": {
+                "id": "e2b41c9d-176k-67aa-b2da-fe1a2b97253c",
+                "account_holder_name": "string",
+                "account_identifiers": [
+                  {
+                    "type": "sort_code_account_number",
+                    "sort_code": 560029,
+                    "account_number": 26207729
+                  },
+                  {
+                    "type": "iban",
+                    "iban": "GB32CLRB04066800012315"
+                  },
+                  {
+                    "type": "nrb",
+                    "nrb": "string"
+                  }
+                ]
+              },
+              "payment_id": "0afd1f6a-f611-48ce-9488-321129bb3a70",
+              "metadata": {
+                "prop1": "value1",
+                "prop2": "value2"
+              }
+            },
+            {
+              "type": "external_payment",
+              "id": "string",
+              "currency": "GBP",
+              "amount_in_minor": 0,
+              "status": "settled",
+              "settled_at": "2025-05-03T14:37:00Z",
+              "remitter": {
+                "account_holder_name": "string",
+                "reference": "string",
+                "account_identifiers": [
+                  {
+                    "type": "sort_code_account_number",
+                    "sort_code": 560029,
+                    "account_number": 26207729
+                  },
+                  {
+                    "type": "iban",
+                    "iban": "GB32CLRB04066800012315"
+                  },
+                  {
+                    "type": "nrb",
+                    "nrb": "string"
+                  }
+                ]
+              },
+              "return_for": {
+                "type": "identified",
+                "returned_id": "0cd1b0f7-71bc-4d24-b209-95259dadcc20"
+              }
+            },
+            {
+              "type": "payout",
+              "id": "string",
+              "currency": "GBP",
+              "amount_in_minor": 0,
+              "status": "pending",
+              "created_at": "2025-05-02T11:11:11Z",
+              "beneficiary": {
+                "type": "external_account",
+                "reference": "string",
+                "account_holder_name": "string",
+                "account_identifiers": [
+                  {
+                    "type": "sort_code_account_number",
+                    "sort_code": 560029,
+                    "account_number": 26207729
+                  },
+                  {
+                    "type": "iban",
+                    "iban": "GB32CLRB04066800012315"
+                  },
+                  {
+                    "type": "nrb",
+                    "nrb": "string"
+                  }
+                ]
+              },
+              "context_code": "withdrawal",
+              "payout_id": "0cd1b0f7-71bc-4d24-b209-95259dadcc20",
+              "metadata": {
+                "prop1": "value1",
+                "prop2": "value2"
+              }
+            },
+            {
+              "type": "payout",
+              "id": "string",
+              "currency": "GBP",
+              "amount_in_minor": 0,
+              "status": "executed",
+              "created_at": "2025-05-10T12:32:12Z",
+              "executed_at": "2025-05-10T13:32:12Z",
+              "beneficiary": {
+                "type": "external_account",
+                "reference": "string",
+                "account_holder_name": "string",
+                "account_identifiers": [
+                  {
+                    "type": "sort_code_account_number",
+                    "sort_code": 560029,
+                    "account_number": 26207729
+                  },
+                  {
+                    "type": "iban",
+                    "iban": "GB32CLRB04066800012315"
+                  },
+                  {
+                    "type": "nrb",
+                    "nrb": "string"
+                  }
+                ]
+              },
+              "context_code": "withdrawal",
+              "payout_id": "0cd1b0f7-71bc-4d24-b209-95259dadcc20",
+              "returned_by": "0cd1b0f7-71bc-4d24-b209-95259dadcc20",
+              "scheme_id": "faster_payments_service",
+              "metadata": {
+                "prop1": "value1",
+                "prop2": "value2"
+              }
+            },
+            {
+              "type": "refund",
+              "id": "string",
+              "currency": "GBP",
+              "amount_in_minor": 0,
+              "status": "pending",
+              "created_at": "2025-05-14T12:32:12Z",
+              "executed_at": "2025-05-15T10:32:12Z",
+              "beneficiary": {
+                "type": "payment_source",
+                "payment_source_id": "string",
+                "user_id": "string",
+                "reference": "string",
+                "account_holder_name": "string",
+                "account_identifiers": [
+                  {
+                    "type": "sort_code_account_number",
+                    "sort_code": 560029,
+                    "account_number": 26207729
+                  },
+                  {
+                    "type": "iban",
+                    "iban": "GB32CLRB04066800012315"
+                  },
+                  {
+                    "type": "nrb",
+                    "nrb": "string"
+                  }
+                ]
+              },
+              "context_code": "withdrawal",
+              "refund_id": "43d12d0f-d775-410f-aaff-482200c17017",
+              "payment_id": "0afd1f6a-f611-48ce-9488-321129bb3a70",
+              "returned_by": "0cd1b0f7-71bc-4d24-b209-95259dadcc20",
+              "scheme_id": "faster_payments_service",
+              "metadata": {
+                "prop1": "value1",
+                "prop2": "value2"
+              }
+            }
+          ],
+          "pagination": {
+            "next_cursor": "bWFuZGF0ZXM6MmUwNDk0MTMK"
+          }
+          }'
+        );
+    }
 }