Final answer:
To stop a pending transaction, contact the merchant or your financial institution to request a cancellation, or dispute the transaction if applicable. If the transaction is already in settlement, it may not be cancellable, and a refund might be necessary. Report any fraudulent transactions immediately.
Step-by-step explanation:
Stopping a pending transaction may not always be possible, as the ability to cancel depends on the payment method and the processing stage of the transaction. However, here are some steps you might consider:
- Contact the merchant directly to request a cancellation or halt the transaction if it has not yet been finalized.
- Get in touch with your bank or credit card issuer to inquire about stopping or disputing the transaction if it hasn't been processed completely.
- Monitor your account for the transaction status; if the transaction goes through, you may need to request a refund from the merchant.
Keep in mind that certain transactions, such as those that are already in the process of settlement, might not be cancellable. Also, if you believe the transaction to be fraudulent, you should report it to your financial institution immediately.