Applicable for RkvMoney website, Android app, wallet, recharge and bill payment services.
RkvMoney provides recharge, BBPS bill payment and wallet services through third-party operators, billers, payment gateways and API providers. Cancellation is available only where the provider allows it and only before the transaction is processed.
After a user clicks Pay/Recharge and the request is sent to the provider, the transaction generally cannot be cancelled from RkvMoney. If the provider accepts and processes the request, the transaction will be treated according to its final status.
A successful transaction cannot be cancelled. This includes transactions made with wrong mobile number, wrong consumer number, wrong operator, wrong circle/state, wrong biller or wrong amount entered by the user.
Pending transactions cannot be cancelled immediately. RkvMoney will wait for provider confirmation or check the status. If the final status is Failed, eligible wallet refund will be processed as per the Refund Policy. If the final status is Success, no cancellation/refund will apply.
Convenience fee, service fee, gateway charge, cashback, commission or referral benefit may be reversed or adjusted if any cancellation/refund is approved. Admin may deduct applicable charges before refund where provider/gateway charges are not reversed.
For telecom, DTH, FASTag, electricity, broadband, gas, water, loan repayment and other BBPS services, cancellation rules of the respective provider/biller/operator will apply. RkvMoney cannot override provider-side settlement or biller-side posting.