Authorization Reversal
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07/12/2024 20:00 PM
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Definition
An authorization reversal is a transaction that negates an authorization by releasing the hold on funds in a customer's credit card account.
An authorization results in a temporary hold on funds (a decrease in the customer's available credit). This hold eventually expires; typically in five to seven days. However, you can expedite this process by sending an authorization reversal request to your customer's issuing bank. Refer to How do I delete or reverse an authorization? for instruction.
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