diff --git a/openapi.json b/openapi.json
index cc9d3e6a..3217c6bb 100755
--- a/openapi.json
+++ b/openapi.json
@@ -7180,14 +7180,7 @@
             "example": "2020-02-29T10:56:56.876Z"
           },
           "status": {
-            "description": "Current status of the transaction.",
-            "type": "string",
-            "enum": [
-              "SUCCESSFUL",
-              "CANCELLED",
-              "FAILED",
-              "PENDING"
-            ]
+            "$ref": "#/components/schemas/TransactionStatus"
           },
           "payment_type": {
             "$ref": "#/components/schemas/PaymentType"
@@ -7650,6 +7643,18 @@
         ],
         "title": "Currency"
       },
+      "TransactionStatus": {
+        "description": "Current status of the transaction.\n\n- `PENDING`: The transaction has been created but its final outcome is not known yet.\n- `SUCCESSFUL`: The transaction completed successfully.\n- `CANCELLED`: The transaction was cancelled or otherwise reversed before completion.\n- `FAILED`: The transaction attempt did not complete successfully.\n- `REFUNDED`: The transaction was refunded in full or in part.",
+        "type": "string",
+        "enum": [
+          "SUCCESSFUL",
+          "CANCELLED",
+          "FAILED",
+          "PENDING",
+          "REFUNDED"
+        ],
+        "title": "Transaction Status"
+      },
       "EventType": {
         "description": "Type of the transaction event.",
         "type": "string",
diff --git a/openapi.yaml b/openapi.yaml
index 75404776..bf3f4470 100644
--- a/openapi.yaml
+++ b/openapi.yaml
@@ -5026,13 +5026,7 @@ components:
           format: date-time
           example: 2020-02-29T10:56:56.876Z
         status:
-          description: Current status of the transaction.
-          type: string
-          enum:
-            - SUCCESSFUL
-            - CANCELLED
-            - FAILED
-            - PENDING
+          $ref: '#/components/schemas/TransactionStatus'
         payment_type:
           $ref: '#/components/schemas/PaymentType'
         installments_count:
@@ -5406,6 +5400,23 @@ components:
         - SEK
         - USD
       title: Currency
+    TransactionStatus:
+      description: |-
+        Current status of the transaction.
+
+        - `PENDING`: The transaction has been created but its final outcome is not known yet.
+        - `SUCCESSFUL`: The transaction completed successfully.
+        - `CANCELLED`: The transaction was cancelled or otherwise reversed before completion.
+        - `FAILED`: The transaction attempt did not complete successfully.
+        - `REFUNDED`: The transaction was refunded in full or in part.
+      type: string
+      enum:
+        - SUCCESSFUL
+        - CANCELLED
+        - FAILED
+        - PENDING
+        - REFUNDED
+      title: Transaction Status
     EventType:
       description: Type of the transaction event.
       type: string