📲Explanation of transaction status

The transaction process is generally as follows: Authorized → Settled → Refunded.

It usually takes 1 to 2 days from "Authorized" to "Settled". For refunds after settlement, the refund period is calculated from the date the refund is initiated, typically taking 2 to 15 days.

If a transaction fails, the status may be: Authorized → Refunded, which generally also takes 1 to 2 days. After the refund is completed, the funds are usually returned to the original account, and the posting time is generally 2 to 15 days from the date the refund is initiated.

A transaction in the "Authorized" status indicates that further processing is still required. In some cases, it may take up to 30 days, depending on the merchant's rules for canceling authorization.