Description
A Reversal Code or Authorization Code is a unique reference generated by a bank or payment processor to identify, validate, or reverse a financial transaction. These codes are commonly used in banking and electronic payments to:
1. Confirm that a transaction has been approved or declined
2. Track the status of a transaction (successful, failed, or reversed)
3. Authorize refunds, chargebacks, or error corrections
4. Initiate a reversal request for an incorrect or duplicate transaction
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