What is a dishonored payment penalty?
Excuse me, could you please clarify what a dishonored payment penalty entails? I'm trying to understand the specifics of this term in relation to financial transactions, especially within the realm of cryptocurrency and finance. How does it typically manifest, and what are the consequences for individuals or entities that find themselves subject to such a penalty? I'm eager to gain a comprehensive understanding of this concept and its implications.
What is a dishonored payment fee?
Could you please explain what a dishonored payment fee is? I'm not entirely familiar with the term and would appreciate a clear and concise definition. Is it a fee that is charged when a payment is not processed successfully, or is there a different scenario in which this fee applies? Additionally, could you provide some examples of situations where a dishonored payment fee might be incurred? Thank you for your help in clarifying this matter.