Void trace in a Payment Agreement - Online Editor

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What are void transactions?

A void transaction is a debit or credit card transaction that is canceled by the merchant before it is settled by the cardholders bank and the merchant has received payment. Transactions are often voided when customers or merchants discover that an error has occurred, or when fraud is suspected.

What are the transactions which are considered void?

Some examples of void transactions are mistaken charges, incorrectly-charged merchandise, and fraudulent purchases.

What are void traces?

Void Traces are a resource found in Void Fissures, used to refine Void Relics or create Dragon Keys.

What does it mean when a money order is void?

Void Money Order: If payment of a money order to the payee cannot be effected and the amount cannot be repaid to the remitter owing to the latter not being found,the order will become void and its value will be credited to Central Govt.

What is an example of a void transaction?

Some examples of void transactions are mistaken charges, incorrectly-charged merchandise, and fraudulent purchases. Though a merchant swipes a card to the terminal, it is not fully settled until the amount is actually transferred from the customers account to the merchant.

What is the difference between void and cancel transaction?

Void is in regards to the payment on the order invoice - to void the authorization, for instance - so that the funds arent subsequently captured. Payments have to be refunded after capture and cannot be voided. Cancellation, however, is when the order can no longer be modified.

Why are voided transactions bad?

When a sale is voided, the sale is not captured or settled. A few examples of transactions that are mostly voided are fraudulent purchases, incorrectly charged merchandise, mistaken charges, etc. Such transactions will not appear in the statement of account but can appear as pending transactions.

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