In this study, the melting dynamics of a phase change material (PCM) filled in a closed vertical cylinder under microgravity are investigated numerically, and the results are compared with the melting dynamics of PCM under gravity. In addition, the effect of inserting fins inside the PCM unit under microgravity on melting dynamics is evaluated. A three-dimensional symmetric numerical model is developed to analyze temperature field, fluid flow, and melting front profile, as well as heat flux, melting time, power, stored energy and stored energy per mass during the melting of PCM RT27 under microgravity field. The results show that the melting performance of PCM in the microgravity field is lower than in the gravity field. The melting process is 64.7% slower in the case of the PCM unit under microgravity compared to the PCM unit under gravity. However, when the fins are inserted into the PCM unit, the melting is accelerated. The reduction of the total melting time of the PCM under microgravity is 78.8%, 58.1%, and 30.7% for the non-dimensional fin widths of 0.8, 0.6, and 0.4, respectively, compared to the no-fin configuration. When the fins are inserted, the amount of energy per mass is decreased, but the power increases dramatically. For the non-dimensional fin width of 0.8, the decline in the energy per mass is the highest, which is 17.6%, and the increase in the power is the highest, which is 349.4%.