In plain English
A temporary credit is a short-term amount placed in an account while a payment dispute is being considered. If it is reversed, that earlier amount is taken back out. This means the temporary dispute credit is cancelled.
In context
Here, the expression reports that a temporary credit added during a payment dispute has been cancelled by removing that amount from the account.
- Situation
- Handling verification holds, payment disputes, chargebacks, reversals, and failed refunds
- What it communicates
- reports removal of a temporary dispute-related account credit
Meaning limits
The term alone does not say why the temporary credit was removed or what the final outcome of the dispute is.
Examples
“Two weeks after she challenged the card payment, her balance fell by £60 when the statement showed a provisional credit reversed.”
“By morning, there was a provisional credit reversed on the account, and the disputed £60 was back out of the balance.”