Pre-Authorisation / Capture facilities Available.

The team at SecurePayTech.com are happy to announce that the new Pre-Authorisation and Capture facilities are available for use through SecurePayTech.com.

Pre-Authorisation / Capture services allows a merchant which is set up in this way, to separate the validation of the customer's credit card, and the debiting of funds from that card. This is widely used in many industries, such as the tourism industry, for example, debiting deposits.

The first stage, the "authorisation", checks that the card is valid, and "reserves" the requested amount of funds on the card, without debiting it. If no further action is taken, that "reserve" will be released after a certain period of time, determined by the bank.

Once a transaction has been authorised in this way, "capture" transactions can be issued against the authorisation, in order to debit funds from the card. Multiple captures can be issued against the authorisation, but the combined value of these cannot exceed the value of the authorisation.

Note:

• A merchant can only be set up as either a Pre-Auth/Capture merchant or a regular "purchase" merchant
• If you require this facility, you will need to request it from your bank when setting up your merchant account.
• As each "purchase" requires separate authorisation and capture steps, these will both count as "transactions" for SecurePayTech.com billing purposes