Purchases
Transactions
Once an authorization request is approved, the status on the authorization is updated to pending
, and the authorization.updated
webhook event is sent. The amount is deducted from your default available balance. A transaction is then created and the status
of the authorization is set to closed
.
Refunds and Reversals
When a dispute is raised on a transaction or a reversal is initiated by the switching network, we create a new transaction it’s type
is set to refund
, and all amounts in positive. We keep every other detail as it is in the original transaction including the authorization that leads to the refund. We also send a transaction.refund
event with the details of the refunded transaction to your webhook.