Home > Term: credit card authorization
credit card authorization
The process of verifying the credit card holder's identification and credit worthiness when a sales order is fulfilled. If the transaction was preauthorized, the credit card processor replaces the preauthorization with the actual sale that results in a charge to the customer's credit card.
- Szófaj: noun
- Ipar/Tárgykör: Software
- Kategória: Operating systems
- Company: Microsoft
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