Original Transaction ID

The Original Transaction ID is a unique identifier assigned to a specific transaction processed through a payment gateway or financial network, such as Signio. This identifier is crucial when managing secondary transactions related to the original payment, such as delayed captures, credits, or voids.

When a transaction is first processed, it is assigned an Original Transaction ID, which uniquely tags and tracks that specific transaction within the system. This ID is then used as a reference point for any subsequent adjustments or follow-up actions. For example:

This systematic use of a unique transaction ID is fundamental in maintaining the integrity and traceability of financial records. It enables merchants and financial institutions to efficiently manage transaction histories, ensure accurate record-keeping, and streamline the reconciliation process. The Original Transaction ID serves as a reliable linkage that aids in the seamless administration of follow-up transactions, contributing to effective and organized financial management.