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Instantly know the status of your customer’s refund.
Avoid retrying failed refunds or manually locating declined transactions.
Receive Authorization Codes related to each refund transaction.
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Real-Time
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Authorization for Refund Transactions Lifecycle
Using Vantiv (VAP)
As part of the Real-Time Refund Authorization functional update, the transaction lifecycle for refunds will change to no longer reflect a pending status, but rather be Approved and Captured (or Declined) instantly before reaching the Settled status.
Using VAP, a Cancel button will no longer be displayed. As a result, you cannot cancel or void the refund.
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Using Vantiv Core (VCore)
After a response is received, the refund transaction status will show “Approved” and is then batched for capture.
If the refund transaction is declined, the status will show as “Failed”. Transactions can be canceled until the refund transaction status is updated to “Captured”.
Refund Transaction Details
The
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