Pre-authorised payments
Pre-authorised payments
Pre-authorised payment is a temporary hold of a specific amount placed on your customer's payment card. The amount is held for a period not exceeding seven days after which it is either automatically released in full to your customer or, where contractual grounds exist, debited from your customer's bank account. Where there is no need for placing the hold, the amount can as well be released earlier. Pre-auth is the best option for businesses offering accommodation services as they can place a hold on their guest's card for the amount of booking and charge it, for instance, after the guest arrives, or for merchants who can place a hold on their customer's card to reserve funds which are only paid out after a product which is currently out of stock is delivered
This feature can be accessed either directly from ThePay or via the API.
For more information about how to access and configure pre-authorised payments via the API, see ThePay Data API documentation.
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