GPN Transaction Settlement
The of completing a between and proceeds after makes an to using a card bearing logo. This aims to provide to regarding income received by bookkeeping, whether nominal received is similar to nominal recorded at .
Sometimes, Merchants experience a Void or Refund that makes unsuccessful.
Transaction cancellation can be submitted if has made a full (full amount) which has been successful and hasn't been through .
Refund is a of repayment of funds that occurs with agreement between and without any dispute between both parties. There are 2 types of Refund, which are:
Refund of all funds allows Customers to requests a refund for all purchases from shopping list at and accommodates to refund according to nominal amount submitted.
Partial Refunds allows Customers to requests a refund for particular items from shopping list at and accommodates to refund according to nominal amount submitted.
- The requests a refund application to .
- The requests a refund application to .
- requests a refund to Acquiring party.
- The Acquiring party requests a refund to Issuing party.
- The Issuing party returns funds to .
- The Issuing party changes amount to be paid on .
BANK | VOID | Manual Refund |
|---|---|---|
BNI | ❌ | ✅ |
BTN | ✅ | ✅ |
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