1. Credit card consumption reversal means that a transaction has been marked as successful in the terminal, but the accounting transaction package sent to the host does not receive a response, that is, the terminal transaction times out.

2. Therefore, it is not sure whether the transaction was successfully completed on the host side. In order to ensure the interests of the user, the terminal re-sends a request to the host to cancel the transaction. If the transaction on the host side has been successful, , then the transaction is rolled back, otherwise it is not processed, and then the processing result is returned to the terminal.

3. There are generally only two results for credit card consumption reversal. "Reversal successful" will result in a successful reversal of the transaction funds and the need to re-swipe the card for the transaction. There is also "reversal unsuccessful". "Reversal unsuccessful" is caused by a malfunction during the data transmission process between the POS machine and the UnionPay settlement center. The account of the transaction initiator has been deducted, and the transaction initiator needs to swipe the card again. trade.

1. Where does the money go after the correction?

When there is a correction in a transfer, it is usually caused by a system problem or improper operation by you at the time. In this case, the correction is generally made at the time. The money can be refunded to our bank card. If the operation is not successful at that time, we may need to wait 24 hours or one working day before the money can be refunded to the bank card where the transfer was made. Here we need to wait patiently. If there is still no refund within 24 hours, you need to call the bank.

If there is a reversal when you swipe your card, if you encounter this kind of situation, you can swipe the card again after your transaction. The amount is not limited to the size, it is best to be one yuan or ten cents. , mainly to allow your last transaction to be reversed successfully, and then the money will be returned to the bank card you swiped.

In general, the corrected money is in the channels of banks or payment institutions. You just need to be patient and wait for the money to be returned.

2. How to solve the problem of transfer reversal

"Transfer reversal" is a bank term, which means correcting the wrong remittance business.

The transfer is unsuccessful. When abnormal situations occur in the bank transfer transaction such as communication timeout, the transaction initiator automatically or manually initiates a bank transfer reversal transaction and cancels the original transfer transaction. The transferred money will be credited back to the card after a period of time.

1. For the remitter: After approving the transaction and signing to confirm the reversal, make a new remittance. It has no impact.

2. For the payee: there will indeed be an additional offset transaction in the account flow. There is no actual loss to it.

This kind of reversal transaction is caused by the bank teller's work error, not the remitter's error. Therefore, the bank will make the reversal. If the remitter makes a mistake, remits the wrong payee or remits the wrong amount, the bank will not allow a reversal.