Fix Sage 50 Decline Error Code 000062

Sage 50 is a software that takes care of all the accounting needs and requirements of the organization. It keeps you updated with the latest techniques and processes of accounting which helps in business growth with increased productivity and workforce efficiency. The software also keeps updating to uplift the technology and fix all the bugs that make the software sluggish.

However, Sage 50 is also prone to errors one of them is “Decline Code: 000062 Invalid Service Code, Restricted”. Error 000062 is a bank decline error that is caused when the customer’s bank declines a transaction. It can also be a result of gateway error which can be only treated from the user’s settings. In this article, we will talk about the Sage 50 decline error code 000062.

The exact error message is shown…

Decline Code: 000062- Invalid Service Code, Restricted

Solution of Sage 50 Decline Error Code 000062

To solve the Sage 50 Decline error code 000062 the user has to contact the bank for further instructions on what needs to be done.

Every running business is given a service code also called a Service Industry Code (SIC). This four-digit code is the significance of the industry type you’re holding. Some cards have restrictions that do not hold the permissions for transactions in a certain business type. Therefore, the resolution is ultimately the payment is facing the SIC restriction which cannot fulfill any transaction. The business now has to contact the bank and understand the other payment mode or issue a new card with permission.