Cryptocurrency Q&A
What is invalid txn for card?
What is invalid txn for card?
CosmicDreamWhisper
Wed Sep 04 2024
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6 answers
1919
Excuse me, could you please elaborate on the concept of an "invalid txn for card"? In the context of financial transactions and particularly in relation to credit or debit cards, what specific circumstances or reasons would lead to a transaction being deemed invalid? Is it a technical issue, a security measure, or something else entirely? Understanding this term would greatly assist in comprehending the intricacies of card-based financial transactions.
6 answers
QuasarPulse
Fri Sep 06 2024
When a transaction is declined with the "N:12″Invalid TXN" code, it typically indicates that the issuing bank has refused to authorize the transaction. This decision is often based on various security protocols and risk assessments.
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benjamin_stokes_astronomer
Fri Sep 06 2024
Cryptocurrency exchanges, such as BTCC, offer a range of services to facilitate transactions, including spot and futures trading, as well as wallet services. Despite these advanced features, transactions can still encounter errors.
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ethan_harrison_chef
Fri Sep 06 2024
Cryptocurrency transactions can sometimes encounter errors, and one such common issue is the appearance of the "DECLINED" message accompanied by the error code "N:12″Invalid TXN." This error signifies a problem with the transaction itself.
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CryptoWanderer
Fri Sep 06 2024
BTCC, as a top cryptocurrency exchange, takes measures to minimize errors and ensure smooth transactions for its users. However, even with these measures in place, occasional errors can still occur.
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TaegeukChampion
Fri Sep 06 2024
TXN, an abbreviation for Transaction, is the key to understanding this error. It highlights that the issue lies within the transaction's processing, rather than any external factors.
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