After a card is used at a merchant, the merchant initiates a charge, and the VM system synchronizes card consumption information in real-time, allowing users to immediately check card consumption data. The types and statuses related to card consumption are explained below:

Types of Consumption Records:

type value	Instructions	Remark
Consumer Authorization	When the card is used at a merchant and the merchant initiates a deduction request, the corresponding transaction type is "Authorization."	Card balance decreased
Clearing	Settlement	Card balance decreased
Consumer Refund	Refund	Card balance increased
Authorization Cancellation	Authorization Reversal	Card balance increased
Handling Fee	Fee	Card balance decreased
Dormancy Fee	Dormancy Fee	Card balance decreased
Card Recharge	Recharging card balance through a third party	Card balance increased
Card Refund	Card refund	Card balance decreased
Additional Deduction/Non-consumption Type Card Deduction	Additional Charge/Non-purchase Type Deduction	Card balance decreased
Chargeback	Chargeback	Card balance unchanged
Refund Cancellation	Refund Reversal	Card balance unchanged
Chargeback Cancellation	Chargeback Reversal	Card balance unchanged
Refund Authorization	Refund Authorization	Card balance unchanged
Account Verification	Account Verification	Card balance unchanged

Statuses of Consumption Records:

Title	Description	Note
Settlement Completed	Card balance decreases (card spending) or increases (spending refund).
Pending	Transaction intermediate status: This status changes to "Settlement completed" or "Transaction failed" after a specific time.
Transaction Failed	Card balance remains unchanged.

Summary:

Only after settlement is completed does the card balance undergo a real change (actual transaction success).

During settlement, the card balance usually has a specific amount frozen, which cannot be unfrozen but must either wait for the acquiring institution to complete settlement or be revoked. (If the freezing period exceeds one month, you can contact the respective merchant to request revocation or contact us for investigative support).

Transaction Failure: In this status, the card balance does not change; a high volume of transaction failures is prohibited on the VM platform.

Card Operation and Card Consumption