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Merchant cancelled the card payment

If a merchant lets you know that a transaction has been cancelled, but it's still in a pending state, typically, this means they won’t claim the money. The payment should be reverted and your balance adjusted. 

You can check when the money will be released by going to your transaction history and selecting the payment you want to check. The reversal date can be found in the status section. 

There won't be a separate refund transaction if the original payment was reverted.