Online Authorizations

Online authorizations provide immediate funds availability confirmations. The customer's financial institution also reduces the amount of credit available in the customer's account, setting aside the authorized funds for the merchant to capture a later time. Authorizations for most payment cards are processed online. Typically, it is safe to start fulfilling the order once you receive an authorization confirmation.
An online authorization confirmation and the subsequent hold on funds expires after a specific length of time. Thus it is important to capture funds in a timely manner. The issuing bank sets the expiration time interval but most authorizations expire within 5 to 7 days.
The issuing bank does not inform
when an authorization confirmation expires. By default, the authorization information for each transaction remains in the
database for 60 days after the authorization date. To capture an authorization that expired with the issuing bank, you can resubmit the authorization request.
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