diff --git a/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/index.ts b/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/index.ts
index 7907a42a0..09b319374 100644
--- a/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/index.ts
+++ b/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/index.ts
@@ -141,6 +141,7 @@ class ShopifyCheckout implements ShopifyCheckoutKit {
   ): void {
     this.releaseDispatchSubscription();
 
+    let subscription: {remove: () => void} | undefined;
     const {dispatcher, subscribedMethods} = createPresentDispatcher({
       callbacks,
       protocol,
@@ -151,20 +152,25 @@ class ShopifyCheckout implements ShopifyCheckoutKit {
         this.handleDefaultGeolocationRequest(),
       respondToGeolocationRequest: allow =>
         this.respondToGeolocationRequest(allow),
+      onTerminal: () => {
+        if (subscription) this.releaseDispatchSubscription(subscription);
+      },
     });
 
     if (dispatcher) {
-      this.dispatchSubscription = RNShopifyCheckoutKit.onDispatch(
-        envelopeJson => {
-          const result = dispatcher(envelopeJson);
-          if (result.terminal) {
-            this.releaseDispatchSubscription();
-          }
-        },
-      );
+      subscription = RNShopifyCheckoutKit.onDispatch(json => {
+        if (subscription && this.dispatchSubscription === subscription)
+          dispatcher(json);
+      });
+      this.dispatchSubscription = subscription;
     }
 
-    RNShopifyCheckoutKit.present(checkoutUrl, subscribedMethods);
+    try {
+      RNShopifyCheckoutKit.present(checkoutUrl, subscribedMethods);
+    } catch (error) {
+      if (subscription) this.releaseDispatchSubscription(subscription);
+      throw error;
+    }
   }
 
   /**
@@ -342,9 +348,11 @@ class ShopifyCheckout implements ShopifyCheckoutKit {
     return this.features[feature] ?? true;
   }
 
-  private releaseDispatchSubscription(): void {
-    this.dispatchSubscription?.remove();
+  private releaseDispatchSubscription(only?: {remove: () => void}): void {
+    if (only && this.dispatchSubscription !== only) return;
+    const subscription = this.dispatchSubscription;
     this.dispatchSubscription = undefined;
+    subscription?.remove();
   }
 
   /**
diff --git a/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/present-dispatcher.ts b/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/present-dispatcher.ts
index d76888560..3d69daef4 100644
--- a/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/present-dispatcher.ts
+++ b/platforms/react-native/modules/@shopify/checkout-kit-react-native/src/present-dispatcher.ts
@@ -32,6 +32,8 @@ interface CreatePresentDispatcherOptions {
   handleDefaultGeolocationRequests: boolean;
   handleDefaultGeolocationRequest: () => void | Promise<void>;
   respondToGeolocationRequest: (allow: boolean) => void;
+  /** Release observations before consumer callbacks can present again or throw. */
+  onTerminal?: () => void;
 }
 
 interface PresentDispatcherHandle {
@@ -47,6 +49,7 @@ export function createPresentDispatcher({
   handleDefaultGeolocationRequests,
   handleDefaultGeolocationRequest,
   respondToGeolocationRequest,
+  onTerminal,
 }: CreatePresentDispatcherOptions): PresentDispatcherHandle {
   const subscribedMethods = getSubscribedProtocolMethods(protocol);
   const needsDefaultGeolocation =
@@ -65,6 +68,7 @@ export function createPresentDispatcher({
         needsDefaultGeolocation,
         handleDefaultGeolocationRequest,
         respondToGeolocationRequest,
+        onTerminal,
       }),
   };
 }
@@ -184,15 +188,18 @@ function routeSdkLifecycleEvent(
     needsDefaultGeolocation,
     handleDefaultGeolocationRequest,
     respondToGeolocationRequest,
+    onTerminal,
   }: Omit<CreatePresentDispatcherOptions, 'handleDefaultGeolocationRequests'> & {
     needsDefaultGeolocation: boolean;
   },
 ): PresentDispatchResult {
   switch (type) {
     case 'close':
+      onTerminal?.();
       callbacks?.onClose?.();
       return {terminal: true};
     case 'fail': {
+      onTerminal?.();
       const failPayload = validateFailPayload(payload);
       if (failPayload == null) {
         logParseError('`fail` envelope payload is malformed', envelopeJson);
diff --git a/platforms/react-native/modules/@shopify/checkout-kit-react-native/tests/index.test.ts b/platforms/react-native/modules/@shopify/checkout-kit-react-native/tests/index.test.ts
index 91e8756b1..77d54c8ea 100644
--- a/platforms/react-native/modules/@shopify/checkout-kit-react-native/tests/index.test.ts
+++ b/platforms/react-native/modules/@shopify/checkout-kit-react-native/tests/index.test.ts
@@ -424,6 +424,110 @@ describe('ShopifyCheckoutKit', () => {
       expect(secondSubscription.remove).not.toHaveBeenCalled();
     });
 
+    it.each(['close', 'fail'])(
+      'keeps a presentation opened from %s subscribed',
+      type => {
+        const firstSubscription = {remove: jest.fn()};
+        const secondSubscription = {remove: jest.fn()};
+        NativeModule.onDispatch
+          .mockReturnValueOnce(firstSubscription)
+          .mockReturnValueOnce(secondSubscription);
+        const instance = new ShopifyCheckout();
+        const secondClose = jest.fn();
+        const presentAgain = () => {
+          expect(firstSubscription.remove).toHaveBeenCalledTimes(1);
+          instance.present(checkoutUrl, {onClose: secondClose});
+        };
+        instance.present(checkoutUrl, {
+          onClose: presentAgain,
+          onFail: presentAgain,
+        });
+        const firstDispatch = lastDispatch();
+        firstDispatch(
+          JSON.stringify({type, payload: {code: 'unknown', message: 'failed'}}),
+        );
+        expect(secondSubscription.remove).not.toHaveBeenCalled();
+        firstDispatch(JSON.stringify({type: 'close'}));
+        expect(secondClose).not.toHaveBeenCalled();
+        lastDispatch()(JSON.stringify({type: 'close'}));
+        expect(secondClose).toHaveBeenCalledTimes(1);
+      },
+    );
+
+    it('keeps a reentrant presentation subscribed when the first present throws', () => {
+      const firstSubscription = {remove: jest.fn()};
+      const secondSubscription = {remove: jest.fn()};
+      NativeModule.onDispatch
+        .mockReturnValueOnce(firstSubscription)
+        .mockReturnValueOnce(secondSubscription);
+      NativeModule.present.mockImplementationOnce(() => {
+        lastDispatch()(JSON.stringify({type: 'close'}));
+      });
+      const instance = new ShopifyCheckout();
+      const secondClose = jest.fn();
+      expect(() =>
+        instance.present(checkoutUrl, {
+          onClose: () => {
+            instance.present(checkoutUrl, {onClose: secondClose});
+            throw new Error('consumer error');
+          },
+        }),
+      ).toThrow('consumer error');
+      expect(firstSubscription.remove).toHaveBeenCalledTimes(1);
+      expect(secondSubscription.remove).not.toHaveBeenCalled();
+      lastDispatch()(JSON.stringify({type: 'close'}));
+      expect(secondClose).toHaveBeenCalledTimes(1);
+    });
+
+    it('releases the subscription even if the terminal callback throws', () => {
+      const subscription = {remove: jest.fn()};
+      NativeModule.onDispatch.mockReturnValueOnce(subscription);
+      const onClose = jest.fn(() => {
+        throw new Error('consumer error');
+      });
+      const instance = new ShopifyCheckout();
+      instance.present(checkoutUrl, {onClose});
+      const dispatch = lastDispatch();
+      expect(() => dispatch(JSON.stringify({type: 'close'}))).toThrow(
+        'consumer error',
+      );
+      expect(subscription.remove).toHaveBeenCalledTimes(1);
+      dispatch(JSON.stringify({type: 'close'}));
+      expect(onClose).toHaveBeenCalledTimes(1);
+    });
+
+    it.each(['replace', 'dismiss', 'teardown'])(
+      'ignores queued events after %s',
+      action => {
+        const instance = new ShopifyCheckout();
+        const onClose = jest.fn();
+        instance.present(checkoutUrl, {onClose});
+        const staleDispatch = lastDispatch();
+        if (action === 'replace')
+          instance.present(checkoutUrl, {onClose: jest.fn()});
+        else if (action === 'dismiss') instance.dismiss();
+        else instance.teardown();
+        staleDispatch(JSON.stringify({type: 'close'}));
+        expect(onClose).not.toHaveBeenCalled();
+      },
+    );
+
+    it('releases the subscription when native presentation throws', () => {
+      const subscription = {remove: jest.fn()};
+      NativeModule.onDispatch.mockReturnValueOnce(subscription);
+      NativeModule.present.mockImplementationOnce(() => {
+        throw new Error('native error');
+      });
+      const instance = new ShopifyCheckout();
+      const onClose = jest.fn();
+      expect(() => instance.present(checkoutUrl, {onClose})).toThrow(
+        'native error',
+      );
+      expect(subscription.remove).toHaveBeenCalledTimes(1);
+      lastDispatch()(JSON.stringify({type: 'close'}));
+      expect(onClose).not.toHaveBeenCalled();
+    });
+
     it('releases the dispatch subscription after a terminal close event', () => {
       const subscription = {remove: jest.fn()};
       NativeModule.onDispatch.mockReturnValueOnce(subscription);
@@ -634,8 +738,10 @@ describe('ShopifyCheckoutKit', () => {
           {onClose, onFail, onGeolocationRequest},
           {[CheckoutProtocol.start]: onStart},
         );
-        const dispatch = lastDispatch();
+        let dispatch = lastDispatch();
         dispatch(JSON.stringify({type: 'close'}));
+        instance.present(checkoutUrl, {onClose, onFail, onGeolocationRequest});
+        dispatch = lastDispatch();
         dispatch(
           JSON.stringify({
             type: 'fail',
@@ -646,6 +752,8 @@ describe('ShopifyCheckoutKit', () => {
             },
           }),
         );
+        instance.present(checkoutUrl, {onClose, onFail, onGeolocationRequest});
+        dispatch = lastDispatch();
         dispatch(
           JSON.stringify({
             type: 'geolocationRequest',