Returned autopay chg意思

"Returned autopay chg" is an abbreviation often used in financial or banking transactions, and it stands for "Returned automatic payment charge." This term is typically used when a payment that was scheduled to be made automatically, such as through an electronic debit or credit transaction, is returned or fails for some reason.

Here's a breakdown of the terminology:

• Returned: This indicates that the transaction was not processed successfully and was sent back to the originator.
• Autopay: This refers to an automatic payment method, where payments are made without any manual intervention from the account holder. Autopay can be set up for recurring bills, subscriptions, or other regular payments.
• Chg: This is a short form for "charge," meaning the transaction was an attempt to debit or credit money from or to an account.

In summary, "Returned autopay chg" means that there was an attempt to make an automatic payment, but it was unsuccessful and had to be returned. This could be due to insufficient funds, a problem with the account information, or other reasons specific to the transaction. Such a situation might result in additional fees or require the payment to be processed manually.