Home > Terms > Spanish, Latin American (XL) > preautorización de tarjeta de crédito
preautorización de tarjeta de crédito
The process of verifying the credit card holder's identification and credit worthiness before a sales order is processed and fulfilled. The merchant asks the credit card company to reduce the customer’s credit line by the invoice amount without charging the account. The preauthorization usually expires after a fixed period of time defined by the credit card processor.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Software
- Category: Operating systems
- Company: Microsoft
- Product:
- Acronym-Abbreviation:
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