Ocean provides a solution that enables automatic blocking of payments in case of failed purchases.
How does it work
Accountant (operator) may define if payment should be blocked automatically in case of failed transcation
Use cases
We would like to block the payment for a user in case Ocean was not able to charge the user for a payable service. With this we want to prevent the user to user payable services in Ocean
Scenarios
block payment for AdHoc payment: Payment is blocked if Ocean is not able to settle a transaction connected to a preauthorization (funds authorization)
block payment for AdHoc MIT payment: Payment is blocked if Ocean is not able to settle a transaction connected to a preauthorization (funds authorization) or purchase (MIT option without using the preauthorization)
block payment in case of failed payment for monthly invoice issuing with subscription
Ocean won’t unblock payment automatically once failed transaction (purchase) is processed successfully.