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What does it mean when credit card refund is recorded?

Credit card refund in account means that the credit card refund is being processed and has not yet been fully credited.

While the refund is being credited, the refund amount is returned to the credit card's available limit, and it will take a certain amount of time to be fully credited. Exact processing times depend on the bank and relevant payment system. Refunds arrive within hours, sometimes longer. If the refund has not arrived for a long time, please consult the relevant bank or payment institution for more detailed information.