The word refundee comes from the Middle English refonden. The word is derived from Old French refonder, which is related to the Latin word refundere. It derives from the prefix re-, which means “to pour back”, as in the case of a railroad loan. Likewise, refound is related to refunded. Its root meaning is “to pour back.”
Refunds can be issued to any account or to a specific customer by using the Dashboard or API. The resulting transaction has a unique refund key for the customer. The bank will not be able to reverse a fully refunded charge, so the refund will not be disputed. Refundees can be transferred to multiple accounts, but only the merchant and the customer are able to find it. What happens when you report someone to action fraud? supports batch reversals, which merely drop a charge from the customer’s statement, and don’t issue a separate credit.
The refundee balance is displayed in bold black on the patient history screen. To transfer the amount to another account, double-click on the gray line and double-click on the claim number. Alternatively, you can access the payment window from the claim screen. If you’d like to transfer the refundee balance to another account, you can transfer it to another. A refundee’s name and number appear in bold letters.
Refundee is a unique identity that identifies a refund. The merchant creates a 2-of-2 multisignature transaction that binds the refund amount to the customer and the refundee. This method is more robust than one-way reversals, as both parties are liable for the security of the refund. In addition, it uses a lock time that gives priority to the first transaction in the event of a failure.
The balance attributed to the refundee is the balance owed to the patient. The Refundee name appears above the claim, and shows $0.00. The amount does not show the total amount. However, the payer is the entity that is responsible for the refund. The patient will have to pay for the refund before the credit is released. If the creditor doesn’t pay, the merchant will refund the balance in full to the customer.
Refundee balances are displayed in bold black. To transfer the balance, double-click on the gray line or claim number. If you want to transfer a refund, you can also use the payment window to transfer the refund. The patient history screen is a convenient place to view the Refundee’s balance. It also provides information about the amount of the credit and the amount of the original cardholder. The Refundee’s name and address are in bold letters on the receipt.
The refundee’s name is shown above the claim. The amount is not a total because the name of the payer is not shown. Hence, the Refundee name is assigned to the patient. The transaction between the payer and the customer is protected with a two-factor authentication. Neither the merchant nor the customer can alter the data. This method is a reliable and secure way to process the refunds.
In a refundee transaction, the Refundee’s name is displayed in bold black. This information can be transferred to other claims by double-clicking on the gray line. The merchant must assume that the customer has a BIP32-based deterministic wallet. The customer’s public key is masked with the Diffie-Hellman key generated with the customer’s public key. Only the customer and the merchant will discover the link between the Refundee’s name and the payment transaction.
The Refundee’s name is displayed in bold black. It is important to note that the Refundee’s name must be different from the merchant’s. If this is the case, the Refundee must select a different name. After that, the Refundee must enter the Refundee’s name. It must enter the correct names in the Refundee’s name to confirm the transaction.
A Refundee is a customer who has paid using a BIP32 wallet. The customer has not yet received their money. The Refundee balance will return to zero. A negative balance on a card will affect future purchases. It may be especially problematic for a card that is rarely used. It will also affect the issuer. If this is the case, a payment will have to be processed to the Refundee’s address.