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2. Authorization hold - Wikipedia

   en.wikipedia.org/wiki/Authorization_hold

   Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

3. Can a business charge for using a credit card? - AOL

   www.aol.com/finance/business-charge-using-credit...

   Credit card surcharges can’t exceed the cost of accepting the card or 4 percent, whichever is the lower amount, even if it costs the business more than that amount to process your credit card ...

4. Merchant account - Wikipedia

   en.wikipedia.org/wiki/Merchant_account

   An ARU (also known as a voice authorization, capture and deposit) allows the manual keyed entry and subsequent authorization of a credit card over a cellular or land-line telephone. With this method, a merchant typically imprints their customer's card with an credit card imprinter to create a customer receipt and merchant copy, then process the ...

5. Floor limit - Wikipedia

   en.wikipedia.org/wiki/Floor_limit

   With modern card readers, most merchants and banks will obtain an authorization even on very small charges, as it costs little to do so and helps protect against fraud. However, the concept of a floor limit may still come into play in certain cases. A few merchants still use the older system of taking a physical imprint of the card.

6. Charge card - Wikipedia

   en.wikipedia.org/wiki/Charge_card

   A charge card is a type of credit card that enables the cardholder to make purchases which are paid for by the card issuer, to whom the cardholder becomes indebted. The cardholder is obliged to repay the debt to the card issuer in full by the due date, usually on a monthly basis, or be subject to late fees and restrictions on further card use.

7. What Is a Credit Card Finance Charge? - AOL

   www.aol.com/finance/credit-card-finance-charge...

   A credit card’s finance charge is the interest fee charged on revolving credit accounts. It is directly linked to a card’s annual percentage rate and is calculated based on the cardholder’s ...