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Refund is a procedure for full or partial cash return to a customer for the payment performed in the enterprise's Internet-shop using bankcard. Refund operation can be performed after the financial transaction has been made.
Financial transaction cancellation
Financial transaction cancellation is the cancellation of payment (by a bankcard) operation that was authorized, and the appropriate financial transaction was performed. The operation of financial transaction cancellation implies a full refund, taking into account the possible performs of the currency differences on the date of payment and on date of financial transaction cancellation.