VA Transaction Settlement
Learn further related to Transaction in Business Operation > Settlement Process.
in VA is different and depends on chosen model. There are 2 types of models to performs VA , such as and .
VA on model will settle from (as a ) to 's account.
VA on model will credit 's account (as an ), then will settle into 's account.
Transactions via VA method can't cancel like methods commonly. To perform cancellation on a VA , your need to make VA number to be expired. So, VA number will no longer be active and can't use to perform transactions anymore.
There are 2 scenarios that able to make your failed when performing VA , which are:
When VA number already expired, but still receives money from your , amount of funds will give back to you as . Then, this issue will complete between you and your . There are no changes in of , which is still unpaid. Commonly, these things happen when performs VA data reconciliation from .
The has been paid and recorded by , , and your side as a . However, all of a sudden abort because there is an error within or a timeout happens. So, amount that has been paid will settle to your , and 's that was already paid will change to reversal. This scenario happens if only receives from about reversal of things within .
VA Glossary to find out particular terms used on .
VA FAQ if you want to find out frequently asked questions related to .