Difference between revisions of "Pre-Authorisation only for Card Payments"

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Revision as of 13:36, 14 December 2015

Sometimes, you dont actually want to take a card payment straight away. For example, you may need to carry out some checks before issuing documentation. However, its possible to collect the card details from the client while you are in contact with them and hold the details until such point you actually want to take the money.

This is called Pre-Authorisation, oftern shortened to PreAuth. Essentially, what happens is the card holders bank account is checked for enough funds and a reservation placed on an amount. This stops the card holder from spending that bit of their money, but doesnt take it from their account yet.


At some point later, you can release the money by cancelling the PreAuth, or continue with the payment by completing the PreAuth. Note: Some banks will automatically cancel a PreAuth if you dont take it within a certain amount of time.