What is Voiding?

A void is the act of canceling a purchase.  There is only a small period of time in which a purchase can be canceled.  Voids are typically handled by issuing credit to the consumer’s account.  A void can only be done prior to the settlement of a batch.

Electronic Merchant Systems Payment Processing Glossary :

Defining key payment processing and merchant services industry terms to help business owners make better decisions.




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