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.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Software
- Category: Operating systems
- Company: Microsoft
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