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When will the card issuing bank release pending funds for a voided transaction?

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When you charge a credit card, the funds are immediately reserved by the bank that issued the card.  Even if you void that sale, funds won't be returned to the customer's credit card balance for 1 - 10 business days. 

To help expedite the release of funds back to the card holder, you can make a copy of the void and give it to your customer.  The customer could then show this receipt to their card-issuing bank to prove that the void was done. 

KB ID# INF19728
12/6/2016 7:54:58 AM
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