Decline

In financial transactions, a decline occurs when a request to process a transaction is refused. This refusal can originate at any point in the payment processing chain but is most commonly issued by the cardholder's issuing bank. The reasons for a decline vary and are typically conveyed through specific decline codes.

Common Reasons for Declines:

Each reason for a decline is typically accompanied by a code that specifies why the transaction was not approved, helping merchants and cardholders understand what action to take next, whether it’s trying a different payment method or contacting the bank for more details.