| title |
|---|
PayRequest | Pre-authorization |
temporary hold an amount on your customers credit card, during the hold period the funds are unavailable to the customer, the funds can be captured if needed, like when someone checking out of a hotel, or just as rental security deposits.
Pre-authorization payments are commonly used by a handful of different businesses. For example, hotels use pre-authorization payments while guests stay in hotel rooms, charging for the stay once the guest has checked out. Car rental companies will also use pre-authorization payments to ensure customers are paying for the rental and have an incentive to bring it back in good shape with plenty of gas.
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