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What do you mean by transaction, seller payment and Taobao fund payment?
The transaction is closed because the buyer cancels the order or the refund is successful, otherwise the transaction is successful.

Selling money to the seller means that the money paid by the buyer is first kept by Taobao/Alipay as an intermediary. After the buyer confirms the success of the receiving transaction, Alipay will pay the money to the seller, which is also called Alipay secured transaction.

Fund compensation can be freight insurance claims and the like.