Transaction Declined But Money Deducted

mentioning money has been debited. Whatever point-of-sale system you use, it should deliver a specific code number along with the decline receipt, but that won’t help give you the “why” without having the definitions to those codes. ATM Transaction Declined but Amount got Deducted : 7 Steps to Recover Money Aap sabhi ko agar ye preshani aarhi he ki ATM se cash nikalete ho aur aap ke account se payment kat jata hai aur payment nhi nikalta ATM se to niche diye gaye me puri jankari he Hindi ME AAP jaruru pura pade. The banks are losing some money just to promote this way of fund transaction. They also found it would lose, not raise, money. The cardholder's issuing bank has declined the authorization due to a restriction on the credit card or account. There were 21. That’s 2-5% of all your e-commerce sales most likely lost as a direct consequence of “Card declined by processor” errors. Although this is a debit card, when you make a purchase you should ask the cashier to run it as a Credit transaction. I have had a declined amount debited once but a few minutes later the amount was automatically credited again. Is this legal? minor crime removel from permanent record. To ensure there is money to cover scheduled transactions, mark them in your register a day or two before they happen. IRCTC Customer Care : Ticket Not Booked But Money Deducted? Did you face this issue, Your money got debited (deducted) from your bank account and train ticket not booked? Mainly Transaction failures have been observed during the Tatkal timings 10 AM and 11 AM during this Tatkal time period lot of transactions being processed in a short span of. in, not to worry your money is safe with your bank and we will ask your bank to. It’s a good idea to keep a track of your transactions to make sure you have enough money in your account to cover them and avoid going overdrawn or over your credit limit. The machine may run out of cash, or your transaction may be declined due to technical reasons. Here are 10 ways to save money on your small business taxes: 1. Tag: transaction failed but money deducted from account. This was a sustained decline, post an all-time high of 799. Purchase Failed but steam still took my money! You didn't get the game because Valve didn't get the money (the transaction failed). You will get customer care response in 1 working day. Went in to pay and my card declined but the money was deducted, which then left me without enough in my account to complete the transaction. At first I thought I had made a mistake so tried it again FIVE times each time it said unable to complete transaction. My friend has transferred money to me but transaction failed. Yesterday i wanted to make an purchase for an item, i was using my SBI debit card to make the payment but in between transaction the webpage got hanged and the transaction was failed, there were no confirmation or information from paisa pay but when i checked my account my account was debited with the amount, will i get refund to my account? or my money is just lost? i had contact my bank they. If you've had a debit or check card payment declined and you have enough money in your account to cover the payment, there are four conditions that can prevent your payment from going through:. UPI transaction failure is itself not a big issue because you can re-initiate your transaction. Moneygram denied my online transaction If this is your first visit, be sure to register so that you can join in the discussion: click the register link above to proceed. I have not heard of anyone loosing the amount of a declined transaction as yet. 00 and i paid 15532. Receiving/withdrawing money into your Venmo account or using our standard transfer to your bank account. Letter for refund money from bank for online transaction. i tried withdrawing on a bunch of atm from bpi, chinabank, and psb. So, what to do whenever the ATM fails to dispense the money?. I ve search the various posts but I m unable to find a case similar to mine. 1m seen in 2013, with the increased uptake of mobile money seen as a major factor behind falling card usage. 80% and currency conversion fee of. 9 billion (revised) in the fourth quarter of 2018. Here’s a list of 9 steps that you need to follow in case an ATM transaction is declined and amount is deducted from your account: 1. If you try to buy something without enough money in your account to pay for it, we decline the authorisation request when it reaches us, and then the payment terminal (or ATM) declines your card. You may have to pay a cancellation fee, but you will be funded the principal amount. The amount can be in thousands. There can be a number of reasons why a card gets declined. Ingo Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. Transaction costs to merchants vary wildly, depending on how you pay The Microsecond Market. Such an embarrassing rejection can be triggered in a number of ways. If it gets declined you don't need to panic and there are things you can do to put it right. There are a number of investment expenses that do not qualify. These are. A sum of money deducted from your account. 1K members online now. At first I thought I had made a mistake so tried it again FIVE times each time it said unable to complete transaction. Real Estate Attorney Long Island, Markotsis & Lieberman P. The transaction is processed, and your account balance is now -$30. Bitcoin Is Weaker Than Ever But Ripple Is Not A Good Alternative. My account has deducted 2450rs from axis bank. That means those funds may possibly be out of your reach. Do Thi Duc, a 27-year-old coder and privacy researcher in Berlin, gleaned a. My payment was declined on your website, but according to my bank the funds were deducted approved the transaction. Transaction Declined, but the Amount was Debited From my Credit Card. What to do if a cash machine doesn't give you money or swallows your card There's nothing more frustrating than using an cash machine ATM and there being an issue…either not enough cash was dispensed, your card is retained, or your bank account shows a cash withdrawal that you didn't make. If TeleCheck did not approve your check transaction, we apologize for the inconvenience. You can also pay your bills by authorizing a company to automatically deduct money from your account on the due date or use an online bill payment to send the money. If you have placed an order online which has failed the funds will not have been taken from your account. You should take another statement and see if the amount has been reversed. The money was placed on hold to cover the cost of your purchase, but you were declined because the address you provided to the merchant does not match the address Green Dot has on file for your card. After successful authentication via OTP/ 3D secure, the money is debited from the cardholder’s account and a confirmation is sent to the cardholder. Send money to anyone using their email address, mobile number, or bank account information. What do these. money deducted but not received (UPI) at Others. DECLINED 01 CARD ERROR REFER. Hi, I am stuck in Spain, without being able to use my Revolut card. so when when i sent a payment myself thats when i also found out that it didn't appear and was deducted from my account and didn't get any email confirmation. I paid my CC bill last Friday morning. I have tried sending money twice. True / False Questions. Updated Jun 21, 2017; If a transaction is declined, then 24-hour grace never comes into the picture. Your paycheck might go by "direct deposit" into your account, or you might deposit checks at a bank's teller window or ATM. First time transaction was failed and money deducted and money was reversed in my account. 7 million individual transactions at ramps or the mainline plaza in January, February and March, down 4. If you haven’t refunded them within 10 days, they can file a claim through the eBay Money Back Guarantee. im sure its not from a bpi atm since there is a 15 peso deduction on top. Cash includes coins, currency, checks, money orders, and money on deposit with a financial institution that is available for unrestricted withdrawal. If you fail to inform the merchant that you want to perform a split tender transaction prior to completing the transaction, your card is likely to be declined. what should i do to recover the amount deducted?. When cashing a check, they must verify the customer’s identity and make sure that the account has enough money to cover the transaction. See your Cardholder or Account Agreement for details. the decline in usage over the. In this case, your bank has issued what is. In the event you receive a decline response, there are a few important things to note:. I applied for a personal loan, but was declined for the loan. cimb sometimes suck. Follow up with the bank on their customer care number. Transaction costs to merchants vary wildly, depending on how you pay The Microsecond Market. Very often, fraud protection group is separate from credit card customer service so if you may told CSR, the transaction may still be declined. If you have pending deposits listed on your account, you should take care not to spend as if the money already is in your account. 'Shady' past continues to haunt hospital as transaction nears “When it comes down to it and you look at the money coming through, they (hospital corporation) had more than enough to operate. i university through online bill payment , the transaction failed but my bank account was debited by the amount. 2 days ago · An economist, who declined to be on the record, said that the main tool that signals CBK’s intention to tighten the supply of money is the Central Bank Rate (CBR) - the rate at which the apex. The transaction description is pretty unusual that any system would flag it a fraud. It also happens with the Bill payment. We matched that to: How do I decline an Interac e-Transfer transaction? When you receive money using Interac e-Transfer, you'll get an email from INTERAC telling you that a person or business has sent you money. 2015 W454090 CARD NOT SUPPORTED The card offered is not supported by the bank. Also, if there are problems with the communications network to which a terminal connects, this can cause a transaction to be declined. ATM Transaction Declined but Amount got Deducted : 7 Steps to Recover Money Aap sabhi ko agar ye preshani aarhi he ki ATM se cash nikalete ho aur aap ke account se payment kat jata hai aur payment nhi nikalta ATM se to niche diye gaye me puri jankari he Hindi ME AAP jaruru pura pade. Often, this is due to being over the credit limit or not having enough funds for the transaction, but it could also be a card hold for security reasons. " Confirm Personal Information and Settings. Yesterday at 7:11pm went for transaction from AXIS BANK ATM Counter (ATM ID- S1DC4426), Raikatpara, Jalpaiguri, West Bengal, but after transaction no money, just saw on the screen transaction declined, UNABLE TO PROCESS. Once you’ve found your Visa Debit card, remember to check for any unauthorised transactions. 2 days ago · An economist, who declined to be on the record, said that the main tool that signals CBK’s intention to tighten the supply of money is the Central Bank Rate (CBR) - the rate at which the apex. Issue: Your bank or credit card is showing a pending charge for one or several declined transactions. cimb sometimes suck. You should always immediately deduct the actual purchase amount from your balance, even though it could take a few days for the money to be taken out of your account. Aug 03, 2016 · If someone were to take a large amount from your bank account, you'd most likely notice when a transaction was declined or a payment bounced. As personal finance site Money Crashers explains, the part of the credit card transaction that you're involved in is only the. The options provided in this section may help you get future check transactions approved. If the card issuer declines to authorise a transaction, ask the customer to pay by other means. 11 hours ago · With an aim to discourage cash transactions and move towards a cashless economy, the first budget of Modi Government 2. My card keeps getting declined and I have money on my cash app card I keep getting emails about how much money I have on my card but each time I go to use it as a credit card it gets declined I don't remember my PIN number how am I supposed to figure out my PIN number if there's no live representative. A declined 05 is the most common and general decline code. No fee is charged. " "Declined. Kindly resolve the problem as quickly as possible. What do these. ATM withdrawal didn't dispense cash but money debited from A/c? Know what to do. If you have come across a transaction declined with message "Alternate Tender Required", it is mostly a fraud alert causing transaction to not go through. Money got deducted but transaction failed A payment can fail due to multiple reasons: Network issues, browser issues, OTP not received on time etc. i did a transaction 2 weeks back. I have had a declined amount debited once but a few minutes later the amount was automatically credited again. If you change your payment method, use a valid payment method in your country or region with money available on it. 4 Safeguards for Failed ATM transaction. ccavenue site did not return back, money deducted at Others. When you may not get your money back after an unauthorised transaction. I ordered it again and now it says I've ordered it twice in my pending transactions in TD Bank. * Please fix the Issue. Transaction reference number -This is generally a 8-9 digit number which ATM didn't dispens the cash but money was deducted from my account. 20% (for a total fee of 1% of the transaction amount) to be included in the transaction amount. Load and reload limits applyhere. Hi Hellopeter On Friday the 28th of June I made a transaction of R3000. is declined, you get a "transaction failed. You'll get all the saved money back with a cashback. Here is how anyone can take money from your bank account without your permission. All queries regarding service/order and refund for a successful transaction can be addressed by the merchant only. Your transaction got declined, but your money gets deducted, don’t worry, follow these following steps and be rest assured that you will get your money back. Understanding Your Rights. and globally. By: The other one is that you go to the ATM, do the needful process and your transaction is declined. Money Transfer Showdown: Square Cash vs. I did verify that I used that checking account for payment. Kindly resolve the problem as quickly as possible. My card keeps getting declined and I have money on my cash app card I keep getting emails about how much money I have on my card but each time I go to use it as a credit card it gets declined I don't remember my PIN number how am I supposed to figure out my PIN number if there's no live representative. If you have placed an order online which has failed the funds will not have been taken from your account. The options provided in this section may help you get future check transactions approved. The address provided deos not match billing address of cardholder" but at the same time the PAYMENT GOT DEDUCTED from my credit card. SBI, ICICI, HDFC, Paytm and other banks do not charge for this transaction. Smooth Transaction. Please have cardholder call issuer before retrying transaction. Unsuccessful Withdrawal of Cash at ATM but Money debited from Account. My friend has transferred money to me but transaction failed. We're not given an exact reason a card is declined. You should always immediately deduct the actual purchase amount from your balance, even though it could take a few days for the money to be taken out of your account. When the transaction has finished processing, the status changes from "pending" to "posted" on your transaction history. You can apply for one in-store and, if approved, receive it and use it that day once you have paid the $3 set-up fee. This is so you'll always know how much you really have in your account. Here are 10 ways to save money on your small business taxes: 1. The same thing happened with me few days back but there is no need to be worry about. When a PIN is entered, the money is immediately deducted -- or debited -- from the account, whereas if credit is selected, the payment goes through the credit card network and the payment is. Transaction declined through card swipe but amount debited from bank a/c? Transaction was declined yesterday for Railway pass through my Travel Card`s Swipe but the amount is debited from Bank A/c and i got the cancelled receipt for the same. The Reserve Bank of India (RBI) has put in place a regulation because of which you will be charged for the excess number of transactions at even own-bank automated teller machines (ATMs). TeleCheck helps more than 374,000 merchant locations decide whether to accept check transactions by analyzing information about check transactions that previously have been sent through its system. A declined 05 is the most common and general decline code. Will I get back my money?. The business park's development authority expects to make about $8. Venmo doesn't charge for basic services like: Sending money from a linked bank account, debit card or your Venmo balance. While transaction and brokerage fees are not deductible, it is possible to deduct other expenses that accompany your investment income. See the tips below to learn how you can avoid paying excess TDS:. For example, Bank of America does not charge an overdraft or POS decline fee if there is not enough money in your account to cover a non-recurring debit transaction. ie to discover that the direct debit payment had not landed yet but now there is a new unposted transaction of €18. How to Pay Others. I can see my Card in Samsung Pay but my transaction is declined. I did verify that I used that checking account for payment. My account has deducted 2450rs from axis bank. 9 billion (revised) in the fourth quarter of 2018. I have contacted the customer care and they gave me a form, which I have printed, signed and scanned. Huntington's 24-hour grace program doesn't mean all transactions go through: Money Matters. The Reserve Bank of India (RBI) has put in place a regulation because of which you will be charged for the excess number of transactions at even own-bank automated teller machines (ATMs). If you wish to. I made a transaction and money got deducted, where is my refund? I completed my transaction in Niki, where can I view my cash back? What are the offers that are available at Niki right now? I used Niki and it is awesome, can I refer my friends? See more I made a transaction and money got deducted, where is my refund?. Card Declined But Money Is Deducted! How 2WTK Fixes The Problem. Keep an eye on adjusted gross income. Then we mailed but did not get response from them. I have tried sending money twice. You can see transaction fees and total VAT by country by clicking here. You will need to contact your bank or card issuer to find out the specific reason your card was declined, since they are the one declining the transaction, and not us. How can I pay bills or send money?. The charges for ATM transactions depends on the nature of the transaction and the city where the transaction takes place. Hi, wonder if anyone can help me, i ordered a take away from Just Eat this evening, I paid with my debit card but was told my card was declined, there was no reason why as I knew I had funds to cover it, so I tried to make the payment again, declined yet again, thought it was a temporary glitch on their website, so tried again a few minutes later, declined againchecked my bank balance and. Please kindly revert my money back to my account. My payment was declined on your website, but according to my bank the funds were deducted approved the transaction. when i enter account no it return back to original app position. The question is what to do in such a situation. If this does not resolve the problem, have the customer call their card issuing bank to resolve. When counting cash, tellers must be careful not to make errors. Find relevant answers to frequently asked questions related to IMPS at ICICI Bank Answers. These transactions are made possible by the Automated Clearing House (ACH), an electronic network for securely accepting deposits and disbursing payments. 07 which d. See the tips below to learn how you can avoid paying excess TDS:. Photo by G Fiume/Getty Images Sheppard proved to be a man of his word and didn’t waste time, as. Tax Consequences of Home Ownership. Transactions Transactions; "If a team spends all this money and resources to get the best players, you know they will cater to them," says one Western Conference coach. If you have pending deposits listed on your account, you should take care not to spend as if the money already is in your account. so when when i sent a payment myself thats when i also found out that it didn't appear and was deducted from my account and didn't get any email confirmation. Definition of Visa Chargeback Reason Code 71 and the Required Media necessary to dispute the cardholder claim and win a reversal. ATM transaction failed? But money got debited? Don't worry, do this. You already know in many ways how your checking account works. Cash withdrawal from automated teller machines (ATMs) will certainly increase during at the time of festivals. Why was my card declined? Unfortunately when the payment processing company declines a transaction on behalf of your bank or card issuer, it does not tell us why. Appr 4 years ago, I noticed money was being debited from my account for a Standard Bank loan. :) Cheers. Purchase Failed but steam still took my money! You didn't get the game because Valve didn't get the money (the transaction failed). Convenient as this may be, using an ATM can sometimes be tricky. Almost all the banks charge you a penalty charge if your transaction at other banks ATM is declined due to insufficient fund. I reported Bhim apps but no one has responded. Cash withdrawal from automated teller machines (ATMs) will certainly increase during at the time of festivals. If this response persists across transactions for multiple customers, it could indicate a connectivity or setup issue. Hope you get your money. The first thing I do after I saw that my transaction failed was to immediately login to my online banking and I realise that the money actually deducted (It shows money debit-ed) from my account. A: If a transaction is declined, please contact the financial institution that issued your card. However, you should not panic and wait for 2-3 days. If a Net+ Card* transaction is declined, one or more of the following reasons may apply: 1. Here is a to-do guide if something like this happens. 1K members online now. Fee Amount: Any fees that might be incurred during a transaction. Instead, you must divide the points. -- Created at 13/01/2019, 30 Replies - Dost and Dimes -- India's Fastest growing Online Shopping Community to find Hottest deals, Coupon codes and Freebies. The massive growth of e-commerce has transformed Amazon, eBay and a host of other online retailers into some of the. Call the customer care number of the bank with whom you have your account opened with. The next time you receive a notification from the bank saying money has been deducted, but the amount doesn't reflect in your Paytm account, don't worry. 4 Safeguards for Failed ATM transaction. the thing is i thrown the receipt. The most widely used decline code is 05, though sometimes is appears with a letter or more zeros in front of the 5. What should I do?. One of the most anticipated events within the cryptocurrency field took place just a couple of hours ago. The number of banks on UPI in May also fell to 143 compared to April's 144. current-account deficit decreased to $130. When this happens, it takes 10 business days for the money to be released back to your card. Declined transactions are most commonly related to incorrect payment details, insufficient funds or behaviour that triggers anti-fraud protections. This means you have to know how much money is on the card before you make purchases with it. Electronic fund transfers include ATM transactions, purchases using your debit card, some online bill payments, and payments you’ve set up to be deducted from your account automatically. Wells Fargo declined to say how many overdrafts it expects to "rewind," but Karen Moore, an executive vice. Now think of all the economic costs of that transaction above and beyond the actual dollars you hand over to the barista. Types of securities held by the Social Security Trust Funds The trust funds hold special issues (SI) sold only to the trust funds. If I make a purchase with my credit card there is a delay of a few days before it shows up on my online statement. In this case you should follow below three steps. when i called icici bank customer care they are telling to wait until amount will get automatically credited to account. I called and the man that answered said my card was locked and he would unlock it for me and I would be able to use it momentarily. Typically in case of a failed payment you should be redirected to the failed payments page, but in some cases the browser gets stuck at one page or the page might break due to increased load time. If you use your card other than in a branch of your bank, there might be additional fees for the use of the ATM. the transaction occurred after you told your financial institution that your card was lost or stolen, or that someone else may know your PIN or password; it's clear that you haven't contributed to the loss. In this case you should follow below three steps. To conclude, the net result of transaction status is a failure as the payment processor declined the transaction even though your bank approved it. In the case of a Roth IRA, the money in the account is after-tax money, so any custodial fees that might be charged by the financial management company and deducted from the account can be deducted. how long before they refund my account?. This means we can’t always deduct the transaction from your available funds until we receive it a few days later. What does this decline mean? This is the most common and general declined message for transactions that are blocked by the bank that issued the card. I have tried sending money twice. A report produced by the Institute for Fiscal Studies, a think-tank, estimated that an increase of £1,000 ($1,243) in tuition fees is associated with a decline of 3. It also defined that in case if a transaction is declined due to insufficient balance in the account, the SBI levies a charge of Rs 20 plus GST. irctc transaction failed but money deducted IRCTC Reservation Failed Transaction Refund Rules No, You Not need to do anything read Following details Given by IRCTC. 2 days ago · About this Channel : Pipeline Press is an informational forum focused on the interpretation and discussion of industry specific news, intelligence, investor bulletins, lender releases. Decline code 000057: Service Not Allowed - Transaction Not Permitted. This is mainly to alleviate money laundering and cash transfers to criminal syndicates. I got message saying Sorry available amount is less i. 2 million in infrastructure improvements later this year. " "Declined. In the three months following the introduction of the levy in July 2018, there was a noted. 7 million individual transactions at ramps or the mainline plaza in January, February and March, down 4. The Cardholder also authorizes ICICI Bank to deduct from his Account, and indemnifies ICICI Bank against any expenses it may incur in collecting money owed to it by the Cardholder in connection with the Card. This will include all your Savings and/or Current Account(s). I queried the loan and monthly debit orders that were being deducted by Std Bank. No one would want to lose money without any reason. Pending transactions only affect your available funds. If you approve it and the buyer has already paid for the item, you have 10 days to refund them. You authorize us to deduct the fees and charges, as set forth in the Fee Schedule, directly from your TotalPay Account or Premier Account as transactions set forth on the Fee Schedule are incurred. Keep reading to learn how our reviewer finds a Money Transfer Control Number, or MTCN. An overdraft can occur when you try to spend more money than you have available in your checking account. My transaction id is 709823575499. However, for Savings and/or Current Account(s) that are not linked to your ATM/Debit card, you cannot perform debit transactions from the accounts but can credit transactions to the accounts only. it was happened yesterday 16th jan 2018. Purchase Failed but steam still took my money! You didn't get the game because Valve didn't get the money (the transaction failed). Load and reload limits applyhere. Please check you have entered all details correctly, that you are using a local credit card and that your network is not attempting to obscure the transaction (i. Card issuers decline transactions for many different reasons. Not purchased or transaction done to site but amount deducted. I have tried sending money twice. Fees - Money charged to service an account, such as late fees, overdraft fees, over-the-credit limit fees, and maintenance fees. In most systems I have seen and have been involved in implementing, a hard decline will NOT allow a manual override with an auth code declined is just that. Data are available for 1990 and later. You already know in many ways how your checking account works. So, what to do whenever the ATM fails to dispense the money?. If you do, the transaction will be processed and you can receive your cash or merchandise. I recently had a similar kind of issue, withdrawn 10k from SBI atm, session timed out but got a sms of money being debited, was annoyed and waited for a while at the atm to see if there was a malfunction and the money may come out in sometime, but. Go to Forms. I had $40 in my bank account and my g/f phone bill was only 37. Percentage decline in debit card use among households, by state. How We’re Salvaging 30% of “Card Declined” Sales. Looking for new ways to attract and retain customers, then-CEO Howard Schultz saw an. This transaction will NOT show up on your credit card statement as it is declined by the payment processor. Money is not received by 945×[email protected] I am in urgent need of money. How to Pay Others. She was grateful for the work – a full-time job as a. Understanding different payment methods and other options to manage your account can help you avoid overdrafts and the corresponding fees. Usually postings happen after midnight, and they but in deposits before they take out checks, debit card transactions, etc. After this period, you should lodge a complaint. You can also pay your bills by authorizing a company to automatically deduct money from your account on the due date or use an online bill payment to send the money. By: The other one is that you go to the ATM, do the needful process and your transaction is declined. Transaction was declined by security system So I tried to buy some op for opskins through g2a and on the page it said my order was sucessful but then I got an email saying that the transaction was declined by their security system. The transaction is processed, and your account balance is now -$30. In this case you should follow below three steps. My transaction id is 709823575499. money i saw the MONEY was deducted from my account. You're making purchases while traveling. I have not heard of anyone loosing the amount of a declined transaction as yet. The customer should use an alternate credit card, or contact their bank. This would be for a 2 week period. If you do, the transaction will be processed and you can receive your cash or merchandise. 2 The following purchases will not accrue Airpoints Dollars: a) purchases of Airpoints Dollars, gambling chips, money orders, travellers cheques and foreign currencies in cash, b) any fees, adjustments and transfers between OneSmart Accounts c) any transaction that is reversed/refunded or charged-back, and d) any cash withdrawals from ATMs. Transactions / Refunds, Voids, and Detached Credits When you need to return funds to a customer, there are a few different options: Refund : Transfers settled funds from your merchant account to the customer’s account. When a merchant doesn’t send an authorisation request, we don’t have a chance to decline the transaction. When cashing a check, they must verify the customer’s identity and make sure that the account has enough money to cover the transaction. Transaction costs to merchants vary wildly, depending on how you pay The Microsecond Market. The money was placed on hold to cover the cost of your purchase, but you were declined because the address you provided to the merchant does not match the address Green Dot has on file for your card. Why is there a hold on my debit card? November 30, 2012 that sufficient funds remain in the account to cover the cost of a transaction.