123chargeback/Blog/What Is A Transaction ID, Why Do We Need It, And How To Find It: Read All Answers Here

What Is A Transaction ID, Why Do We Need It, And How To Find It: Read All Answers Here

what is a transaction ID

Do you think it is possible to track all your purchases? And how does somebody understand that it was you who made the purchase? What is a transaction ID? After the transaction ID meaning ceases to be a mystery to you, you will be able to answer the first two questions. And we want to help you, so enjoy the reading of our article!

What is a transaction ID?

This is a unique, specially crafted code. The purpose of this set is to enable every transaction that you have made. After the required amount is withdrawn from your account, the transaction is considered successful. And then an 8-12 digit code is formed, which consists of both letters and numbers. The transaction ID bank saves the code, which enables the client to find the required payment at any time, for example, to refund money or authentication.

Credit card transaction ID

In the case of using a credit card, the payment is processed by a certain payment system, and the same system assigns a code. To check transactions, you need to go to the Internet banking of your bank, go to the appropriate section, where you can find out the purchase details and, accordingly, the transaction ID. You also can search by transaction ID if you know it.

Google Wallet transaction ID

transaction ID bank

If you paid for the product online and cannot find a receipt for your payment, where the transaction code is indicated, do not give up. Remember these simple steps and use if necessary:

  • Using your email address to sign in to Google Payments.
  • Select the “Subscriptions and Services” section.
  • Then check out your purchases in the “Other Purchase ” section.
  • By clicking on a specific transaction, you will be able to see all the necessary information about the purchases made through GoolePay.

The ability to find out all the details of the purchase at any time has greatly simplified our life. Now you know that you do not need to save hundreds of checks or write the transaction ID into a notebook for this. Thank you for reading the article to the end. See you soon on the pages of our blog!

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Author of article

Arthur Specter

Interests: accounting, literature, banking, jurisprudence

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