What happens when an Electronic Payment transaction is Declined?
When a transaction is returned as declined, you should verify all the information you collected from the employee or vendor before you reverse the transaction and handle the payment in a different way. A declined transaction remains listed in the Prepare Electronics Payment window until you correct inaccurate information , process it again and receive an Approved status, or you delete or reverse it. A Process Electronic Payment Receipt will also launch for each Declined transaction. This receipt includes a code and description of the decline reason and a receipt ID number, as well as the date, account name, and amount of the transaction.
