In addition to the normal online
credit and debit card checks, you may want to make offline
checks against your shopper's credit or debit card.
Deferred payment (or pre-authorisation) gives you the
time to make such checks. You can then cancel the transaction,
complete it or just simply let it expire after 7 days.
How it works - The shopper enters
their card details as normal, the online checks are
made, and funds are reserved for payment against the
shopper's card. However, the payment is not completed
at the time, but deferred, allowing you to make additional
offline checks against the card. If you are satisfied
with the results of those additional checks, you complete
(or post-authorise) the transaction. The shopper is
now debited, and remittance (the funds that are made
over to you) is made to your account.
Transactions can be manually
placed on hold (then released individually or by batch),
we can also setup the account to automatically place
all transactions on hold. This hold will last for 7
days, to the minute (168 hours).
Pre-authorisation can be done
the virtual terminal or
you can manage them using the CMS
This service is provided at
no extra cost