Yes, if a payment hasn’t started processing in the TFS system, and is displayed in the green “Upcoming Transactions” box, you can cancel the payment.
If the payment was scheduled automatically, it will have a status of “Pending.” Simply clickon the “Edit Payment Schedule & Amount” link in the blue “Trustee Pay Summary” Box to update your automatic schedule.
If the payment was scheduled manually, it will have a status of “Scheduled.” Simply click the “Cancel” button to the right of the transaction to cancel it.