Cryptocurrency Q&A
What are the reasons for transaction failure?
What are the reasons for transaction failure?
lucas_lewis_inventor
Thu Jan 02 2025
|
7 answers
1791
I tried to make a transaction, but it failed. I'm wondering what could be the possible reasons for the failure. Is it because of insufficient funds, technical issues, or something else? I need to understand why my transaction didn't go through.
7 answers
Elena
Sat Jan 04 2025
One of the main causes of a hard decline is card expiration. If the customer's card has reached its expiry date, the transaction will be rejected.
Was this helpful?
254
45
Claudio
Sat Jan 04 2025
Another reason for a hard decline is an invalid card number. This can happen if the card number entered is incorrect or has been typed in wrong.
Was this helpful?
146
52
Caterina
Sat Jan 04 2025
The "transaction failed" label has two main reasons: soft declines and hard declines.
Was this helpful?
321
56
Dario
Sat Jan 04 2025
A soft decline can occur for various reasons, often related to temporary issues or customer preferences.
Was this helpful?
241
89
SolitudeEcho
Sat Jan 04 2025
A reported stolen card is also a common reason for a hard decline. If the card has been reported stolen, the bank will block any transactions made with it.
Was this helpful?
320
90
Load 5 more related questions
