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Financial transaction cancellation is the payment (by a bankcard) operation cancellation that was authorized and after the financial transaction had been 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.

A financial transaction can be canceled only for a full amount of payment and only for UCS and Raiffeisenbank processings by VISA and MasterCard cards, if the cancellation is caused by the shop declining of the operation (parameter CancelReason=1), or if the payment operation is fraud (parameter CancelReason=3).