Tuesday, December 13, 2022

What Is an Authorization Hold and What Is It For?

Authorization holds are a useful tool in the card processing toolbox to ensure sufficient funds are available when you’re ready to process them. For some industries, authorization holds are standard procedure. The hold is placed on a cardholder’s account, and their bank reserves the transaction amount. Cardholders can’t spend the amount of the hold, but […]

source https://paymentdepot.com/blog/authorization-hold/

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