Whether it is a credit card or a debit card, pre-authorization business can be carried out. However, credit cards need to have sufficient overdraft limit and debit cards need to have sufficient account balance.
If the pre-authorization successfully completes the transaction, the cashier shall print the transaction voucher and submit it to the cardholder for signature. After checking and confirming that the cardholder's signature is consistent with the signature on the back of the card, the cashier will hand over the customer receipt of the pre-authorization certificate and the original of the pre-authorization certificate to the cardholder.
Pre-authorized transaction:
1. Pre-authorization transactions are divided into POS pre-authorization, POS pre-authorization addition, POS pre-authorization completion, POS pre-authorization cancellation and POS pre-authorization completion cancellation.
2. Pre-authorization transaction is used to accept the transaction permission of the card issuer to the cardholder. The receiver puts the estimated consumption into the transaction response and sends it to the card issuer. As a pre-authorized amount, the amount will be sent to the card issuer of the cardholder (card). After the card issuer has passed the examination, it will put the authorization number and other information into the transaction response and send it to the accepting party.
3. Pre-authorization transaction only controls the number of available months of the cardholder. Complete fund settlement through pre-authorization. The approved pre-authorization transaction is only valid for a limited time.