What does reverted mean on Revolut card?
The term “reverted” is used when the transaction is returned to the cardholder. This can happen when the cardholder attempted to make a payment on a fraudulent account. The card will be automatically returned for immediate cancellation. In most cases, it will take a few days for the transaction to be reverted. However, the cardholder will be notified when the reversal occurs.
What does reversed mean on Revolut card?
If you see the word "reverted" on your card statement, it means that the transaction was initially declined. The reason for the rejection is given to you, and you can resend the transaction again. It can also happen if you want to cancel the payment before the money is transferred to your account. In this case, you can contact customer service.
What does the word reverted on an EU Revolut card mean?
When a transaction is reversed on the Revolut card, the money is returned to your card account. You won’t lose any money. However, you might lose some of the accumulated interest on it. If you used the card for some purchases and the transaction got reverted, but the card balance is still enough to cover it, you won’t lose any money the next time you use the card.
What does my Revolut card have a revert on it?
A reverted transaction is one that has been returned to the issuer. The reason for this happens when the cardholder submits the transaction with an invalid or wrong amount. When a transaction goes through, the card company submits the transaction to their clearing house. The clearing house makes a record of all transactions. If the transaction is invalid, the card issuer sends it back to the cardholder to fix the mistake.
What does revert mean in Revolut?
If you have a problem with an item returned to you, you can ask for a refund or a replacement. If you choose the refund option, the money will be returned to the original payment method or to the card you used to make the purchase. However, if you choose the replacement option, the money will be returned to your account. This option is also available if the item is damaged or defective.
