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What does your payment has been initiated mean?

What does your payment has been initiated mean?

Initiated payments mean that your purchase is either pending or did not go through successfully. Pending transactions are normally applicable for payment methods that need further processing such as bank transfers.

What is transaction initiated?

Merchant initiated transactions are payments that are initiated by you, the merchant (not your customer), pursuant to an agreement that you have in place with your customers allowing you to initiate payments on their behalf.

What is double verification of payment?

It means that fee is not yet received by the Commission from the Bank. Status of fee payment can be verified at the ‘Payment Status’ or ‘Double Verification of Payment’ links provided in the candidate’s login screen.

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What is payment initiation service?

Under PSD2, a ‘payment initiation service’ is an online service which accesses a user’s payment account to initiate the transfer of funds on their behalf with the user’s consent and authentication. Payment initiation services provide an alternative to paying online using a credit card or debit card.

What is customer initiated transaction?

Customer Initiated Transactions are transaction where the cardholder actively participates in the transaction at the moment of authorization. A Customer Initiated Transaction may be followed by subsequent transactions initiated by the Merchant the consumer has given approval to the merchant upfront.

What is payment processing failure?

Error: A payment processing bug We can define it as a general bank rejection. You simply need to check your credit card details and make another attempt. In case the following attempt fails as well, it’s better to reach out to your bank for consultation.

What does initiated funds transfer mean?

Funds transfer means the series of transactions, beginning with the originator’s payment order, made for the purpose of making payment to the beneficiary of the order. Funds transfer or “Transfer” means a transfer of funds, initiated through Online Banking Service, from one eligible account to another.

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What is manually initiated funds transfer?

Manually initiated funds transfers include instructions, received externally from clients or customers, that are initiated via paper mail, text messages, phone, messenger, electronic mail, File Transfers, and other similar “manual” origination means, unaccompanied by cheque.

How can I fill SSC Chsl form again?

Steps to Fill SSC CHSL 2021 Application Form

  1. Step 1: SSC CHSL 2021 Registration. Go to the official website of SSC at ssc.nic.in.
  2. Step 2: Upload Photo and Signature.
  3. Step 3: Fill SSC CHSL Application Form 2021.
  4. Step 4: Pay SSC CHSL Application Fee.