Void Transaction

Simple definition
Canceling a sale before it's finalized.
Expanded definition
A transaction that has been nullified or canceled before it has been settled or completed.


You swipe your card and don't get the expected confirmation. Instead, the payment shows up as "voided." This anti-climactic outcome can be perplexing. Let's explore the reasons transactions sometimes fail to finalize and get voided.

What is a Voided Transaction?

A voided transaction is a payment that fails to complete and is essentially canceled or reversed. Common reasons transactions get voided before finishing include:

  • Insufficient funds - For debit purchases without overdraft protection.
  • Stolen card - Fraudulent use of compromised card data.
  • Processor error - System glitches prevent processing.
  • Invalid details - Mistyped account number or expiration date.
  • Declined authorization - From suspicions of fraud.
  • Customer cancellation - Changing mind before transaction finalization.
  • EMV chip malfunction - Issues reading card chip can halt transactions.

When a void occurs, it's like the initial payment attempt never happened. No money changes hands or gets held from your account.

Effects of Voided Transactions

Voids typically just require starting the checkout process again or confirming updated card details. Key impacts to expect:

  • No money held or withdrawn yet - Since the sale stopped mid-process.
  • Transaction history - Voids may temporarily appear pending before disappearing.
  • Balance unchanged - Account balances remain as they were before the snag.
  • Fraud alerts - Unusual voids might trigger card issuer notification.
  • Opportunity to pay again - Immediate chance to complete purchase with correct card.

By understanding common reasons for voids, you can resolve them quickly and move forward with your purchase.

The Bottom Line

Void errors frustrate consumers, but they are often easily fixed and just mean your transaction needs an instant replay. While voids delay purchases, they also help protect against fraud and monetary errors that could prove far more troublesome. With a few swift actions, those lost void transactions can be happily found again.