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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.

1Please contact <a style="color:blue;text-decoration-line:underline" href="mailto:[email protected]">NICEPAY Customer Service</a> 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
.



Updated 28 Aug 2024
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  Bank Indonesia already release API Standard relate to the Payment listed on Peraturan Anggota Dewan Gubernur No 23/15/PADG/2021 about Standar Nasional Open Application Interface Pembayaran (SNAP) Implementation.

  As the form of suppport and compliance to Bank Indonesia Rules, NICEPAY drives all Merchant to conduct the migration to API SNAP BI.

  All Merchants aim to complete the API SNAP BI migration on June 2024.