enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

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. Online authorisation - Wikipedia

   en.wikipedia.org/wiki/Online_authorisation

   Online Authorization (OLA) is a system used to verify a transaction on a payment card (e.g. credit card). [1] The term 'on-line' refers to the real-time nature of the verification. In other words, if the account is overdrawn, in most cases, the transaction will be refused.

4. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   This type of letter of credit was eventually replaced by traveler's checks, credit cards and automated teller machines. [6] Although letters of credit first existed only as paper documents, they were regularly issued by telegraph in the late 19th century, and by telex in the latter half of the 20th century. [7]

5. Address verification service - Wikipedia

   en.wikipedia.org/wiki/Address_verification_service

   An address verification service (AVS) is a service provided by major credit card processors to enable merchants to authenticate ownership of a credit or debit card used by a customer. [1] AVS is done as part of the merchant's request for authorization in a non-face-to-face credit card transaction.

6. Credit card information: The basics you need to know - AOL

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

   A credit card is a useful financial tool, but it can be a danger to your financial health if you misuse it. To avoid that, make sure you understand the language that credit card issuers use to ...

7. 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 ...