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 .