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When you cancel a payment, does the system automatically cancel the tender?
1) Yes
2) No

1 Answer

4 votes

Final answer:

Payment cancellation stops the transaction but does not affect the tender, such as credit card details or their validity for future transactions.

Step-by-step explanation:

When you cancel a payment, the system does not automatically cancel the tender. The term tender refers to the offer of payment or the means by which the payment is made, like credit card, cash, or check. Cancellation of a payment generally stops the transaction process, but it does not reverse the tender itself. If you have used a credit card, for instance, canceling a payment may halt the charge from being finalized, but it does not remove the credit card details from the system or impact the credit card's validity for future transactions.

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