Capture

From Innopaydia

Jump to: navigation, search

With credit card payments an entrepreneur can decide not to submit a payment order to the bank or credit card company immediately, and wait until the order has been carried out completely. When that is the case, the authorisation and ‘capture’ are separated. Capture refers to the separate submission to a bank or credit card company of a certain payment order (that has been authorised earlier).

Innopaydia |  Privacy policy |  About Innopaydia |  Disclaimers