Payment
GPN

GPN Transaction Settlement

8min

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.



Void



Transaction cancellation can be submitted if has made a full (full amount) which has been successful and hasn't been through .



Refund



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:

Full Refund

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 Refund

Partial Refunds allows Customers to requests a refund for particular items from shopping list at and accommodates to refund according to nominal amount submitted.

Refund Process

Refund Proces
Refund Proces

  1. The requests a refund application to .
  2. The requests a refund application to .
  3.  requests a refund to Acquiring party.
  4. The Acquiring party requests a refund to Issuing party.
  5. The Issuing party returns funds to .
  6. The Issuing party changes amount to be paid on .



Issuer Bank List



BANK

VOID

Manual Refund

BNI

BTN



See also

 GPN Business Model & Fee to find out model and how much fee is issued to use .

 GPN Rule and Limitation to find out specific provision of .

 GPN Glossary to find out particular term used on .

 GPN FAQ if you want to find out frequently asked questions related to .