The Preauthorized Payment Cancellation Service (PPCS) is a cost-effective way for issuers to handle customers' stop payment requests for preauthorized electronic funds transfers, such as automatic bill payments and installment payments. Using the service, issuers can inform acquirers and their merchants, via an authorization response, that a cardholder has requested a stop payment.
Enables Visa Debit card, credit, and commercial issuers to submit stop payment orders and revocation of authorization orders to VisaNet.
Permits VisaNet to decline an authorization request to the Acquirer on behalf of the Issuer with a descriptive response code when a stop payment order or revocation of authorization order is on file with VisaNet.
Permits VisaNet to automatically return a clearing transaction to the Acquirer on behalf of the Issuer with a descriptive return reason code when a stop payment order or revocation of authorization order is on file with VisaNet.
Gives the Issuer a descriptive advice whenever an authorization is declined or a clearing transaction is returned.
Through the features fully integrated into the VROL for DPS service offering, issuers can inform acquirers and their merchants of any of the following:
Preauthorized Payment Cancellation Service gives cardholders a way to stop payment of preauthorized funds transfers from their accounts after they have notified the merchant—giving them more control and convenience. Visa DPS provides an integrated solution within an issuer's back-office solution (VROL for DPS) to allow them to initiate stop payment requests that can be utilized by merchants.
Preauthorized Payment Cancellation Service lets merchants know that a consumer has stopped payment or revoked authorization of a preauthorized funds transfer. This communication reduces chargebacks for preauthorized payments when a stop payment order is on file and also enables consistent handling of stop payment orders.
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