Seeing a POS ADJUSTMENT CR charge on your statement?
Common ways POS ADJUSTMENT CR charges might appear on your statement
- POS ADJUSTMENT CR
POS ADJUST CR
POS ADJ CR
POS ADJUSTMENT CREDIT
POS ADJ CREDIT
POS ADJUSTMENT CR REVERSAL
What is POS Adjustment CR?
POS Adjustment CR (Point-of-Sale Adjustment Credit) is a transaction type rather than a merchant. It indicates a credit or reversal applied to your account, typically refunding part or all of a previous purchase made via a card terminal. This adjustment is processed through your card network or merchant’s payment processor.
Common causes for POS ADJUSTMENT CR charges
- Refunds for returned merchandise or service cancellations.
- Corrections to overcharges or billing errors from a merchant.
- Deposit refunds from hotels, rental car agencies, or gas stations.
- Reversals of pending authorizations that were not finalized.
- Credits processed after a dispute or chargeback resolution.
Decoding POS ADJUSTMENT CR charge tags
- POS stands for Point of Sale, the system used to process your transaction.
- ADJUSTMENT / ADJ indicates a correction, modification, or refund applied to a prior charge.
- CR denotes “credit,” meaning funds were returned to your account.
- REVERSAL may appear in cases where a hold or authorization was released instead of a refund.
- The lack of a specific merchant name means the adjustment was processed directly through the payment network.
