What is an authorization hold?

In Banking - Asked by Admin - 8 months ago

Authorization hold is the practice within the banking industry of authorizing electronic transactions done with a debit card or credit card and holding this balance as unavailable either until the merchant clears the transaction.

Answered by Admin - 8 months ago

Tags: authorization hold, electronic transactions, debit card, credit card, what is an authorization hold?

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What is an authorization hold?

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