Payment
QRIS

QRIS Transaction Settlement

7 min

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.





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 .