Payment
QRIS

QRIS Transaction Settlement

7min

Settlement



The  of completing a  between   and   that proceeds after   makes an   to   using   . This  aims to provide  to   regarding  income received by bookkeeping, and whether  nominal  received is similar to  nominal recorded at  .

Sometimes, Merchants experience a Void or Refund that makes    unsuccessful.



Refund Process



Transaction Cancellation Process Flow

Refund Process
Refund Process

  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  .



Refund



Refund is a repayment of funds processed with  agreement between   and  without any dispute among both parties. After   requests a refund to  ,  will report {} refund  to . Then,  will send  money that will go through  refund  to  , so that  can  with  refund in real-time to  .

Full Refund

Refund of all funds allows Customers to request a refund for all purchases from  shopping list at   and accommodate   to refund   according to  nominal amount submitted.

Please contact NICEPAY Customer Service team if encounter any problem on the refund process of QRIS method.




See also

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

  QRIS Rule and Limitation  to find out  specific provision of  .

  QRIS Glossary  to find out  particular term used on .

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