Glossary

Response Code

Every transaction usually needs several steps to succeed. One of them is an RC. Every time the transfer through the payment system to the financial institution takes place, this institution sends a 2-digit cipher as a reply. After this process the status of the transfer will change according to the response cipher: approved, or declined. The customer will be given a response as soon as possible.

Banks commonly use different codes to define transfers which are approved and declined. For instance, after the processing, the confirmed transaction will be marked A1, but the rejected – U.

There is plenty of RC which the client can receive after the conducted transaction. If the cardholder has a problem with the transfer, he/she must contact the issuing bank to solve this problem. For sure, the client is required to give all data about the undertaking that failed. The representative of the financial institution will help to solve the problem.