Get FREE Quote

How Stop Payments on Checks Work

Stopping payment on a check involves contacting the bank where the check writer has a bank account. Contacting the merchant and requesting a stop payment or asking that they don’t cash the check is the incorrect way to accomplish a stop payment. The person who wishes to stop payment on the check must have details regarding the check so the bank can find the check and contact the other branches to be on the lookout for the check. The payee, check number, payment amount and date issued must be provided. The costs to do this will vary by bank but most charge between $20 and $40 to stop a check payment.

To stop credit card processing, the person must have all the details of the transaction including the date the payment went through the system. An automatic payment may be a little trickier to stop since the person needs to know when the merchant account will be processing the payment which might vary by a day or two. Contact the credit card company to stop a payment and have all the details handy.

After requesting a stop payment, verify that the stop payment was applied to the account. Contact the bank or credit card company to be sure the stop payment request was processed. It can take days to apply the stop payment to the account and often, the payment can go through in the meantime.

The check or credit card payment can be reissued at a later date, but only after the bank’s stop payment was processed and confirmation of the procedure has been duly noted in the computer system.

Reasons for a Stop Payment

One of the most common reasons for a stop payment is that the check was lost. A stop payment request can be made if the check hasn’t been cashed for over six months too. If the merchant never received the check, a stop payment can be issued on the old check and a new check can be issued.

One of the most controversial reasons for a stop payment of a check is by a person unsatisfied with the service. Inspect or examine a job thoroughly before issuing a check. While a bank won’t question the transaction beyond their own limited requirements, the merchant or contractor can still recoup the money owed along with any trouble it may have caused him or her.

GET FREE QUOTE TODAY AND START SAVING


Testimonials

It took me a while to decide who I wanted to settle with to handle all of my credit card transactions because every company wants to make it sound like they're offering you the best rates. CreditCardProcessing.com was able compare and beat all of the other offers I received. They were also able to provide me the fairest price on my EMV-compliant terminal. My sales representative and the support team were there to assist every step of the way. Ultimately, I'm looking forward to a long term relationship with this company.

Roland Tran from the Hong Kong Kitchen

It is a pleasure dealing with these folks. Their pricing is fair, their statements are understandable and their employees are knowledgeable and friendly.

John MacMillian from the Great Lakes Baking Company

The service was very professional, my sales person (Steven B.) was very well versed in the product and most helpful in getting our company set up to accept credit cards via my cell phone. Their rates are some of the lowest on the market and their service is unparalleled. I will recommend them to anyone requiring a credit card processing service.

Michael Harper from Deluxe Auto Body

Jonathan C. is wonderful to work with. He is very helpful, accommodating and resolves any issue quickly. It is hard these days to find someone who gives great customer service, but I can say, Jonathan is the best! I would not hesitate to recommend him to any business owner and to assist you in helping to grow your business.

Linda Garner from Regali Da Forno

I called indecisive about getting a device, but speaking to your Sales Consultant completely settled me. He was very professional, knowledgeable and patiently walked me through the process. He always responded to my voicemails and answered all my questions. After I received my merchandise, he called following up to ensure that I had received it. Customer service I would say is 5 stars. Stellar! Thanks Credit Card Processing, I will definitely recommend you.

Sarah Morgan from Vision International Ministries
Call Us Today!

© 2017 CreditCardProcessing.com. All rights reserved. Privacy Policy
CREDITCARDPROCESSING.COM, LLC is a registered ISO of Wells Fargo Bank, N.A. Concord, CA

*Further terms and conditions may apply. Promotion contingent upon CreditCardProcessing.com's receipt of written competing offer(s).

**Certain restrictions may apply.

Promotional offers brought to you by CreditCardProcessing.com.

EMV™ is a registered trademark of EMVco, LLC. Apple, the Apple logo, iPhone and Apple Pay are trademarks of Apple, Inc., registered in the U.S. and other countries. Android™ is a trademark of Google, Inc.

Call for details.