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TrustPay announces new partnership with MuchBetter

Computer users and programmers have become so accustomed to using Windows…

TrustPay announces new partnership with MuchBetter

Computer users and programmers have become so accustomed to using Windows…

TrustPay announces new partnership with MuchBetter

Computer users and programmers have become so accustomed to using Windows…

13. November 2023

Cancel a Payment

Health
author: TrustPay
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A payment that has been authorized can be processed in two ways: it can be captured, sending the funds to the merchant’s account, or it can be canceled, typically due to a high risk of fraud or other reasons. Canceling a payment is not feasible for transactions that have already been captured. In such instances, […]

A payment that has been authorized can be processed in two ways: it can be captured, sending the funds to the merchant’s account, or it can be canceled, typically due to a high risk of fraud or other reasons.

Canceling a payment is not feasible for transactions that have already been captured. In such instances, the merchant must initiate a refund to return the funds to the customer.