The most common way to cancel a POS transaction is the Cancel/Hold button within the transaction. This button is used to cancel the transaction before it is saved to the database.2019-05-03
A POS or “Point of Sale” transaction is a purchase made with your Visa debit card and you are required to enter your PIN on a keypad. POS transactions post to your account immediately. On your statement, a POS transaction will show the amount and the address (and sometimes) the name of the merchant.
What is POS hold mean?
Typically, a pending charge will be listed as “POS, Pending,” which means it was a point of sale transaction (you swiped your card and signed the receipt) and the transaction is pending.