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Transactions

What kind of payouts can I receive to my cards?

You can receive transactions directly to your iCard cards that credit the balance of the account, linked to the card. The transactions that credit your card are:

  • Refunds – you can receive them directly to your iCard card, even if it's deleted or frozen. Keep in mind that it may take 7-15 business days for the refund to appear in your account after the merchant approves it.
  • Reversals – they are used when a payment needs to be returned to the cardholder. There are lots of reasons why a payment reversal may be needed – from technical issues to initiating the transaction from the merchant when a product is no longer in stock or it has been returned. The reversal can be either instant or after the merchant processes it.
  • Original credit transactions and funds disbursements – these are instant payouts to your card which means the funds are received in minutes. They are usually used for receiving money from friends and family or for receiving earnings from gambling, gaming, etc. 

 

Related articles:

What is an original credit transaction?

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