Since slice doesn’t know when a customer cancels their order with the merchant, we wait for the cancellation confirmation from merchants. Usually, merchants send confirmation within 7 days, but it varies for different merchants. slice will refund the canceled transaction within 2 working days after receiving the confirmation.
Bill gets generated on the 1st of every month. It might be possible that cancellation confirmation is received after the bill is generated for that period. In that case, too, don’t worry. Your canceled transaction will be visible in next month’s bill.