What is pre-authorization?
In some places (usually hotels or for car hire) you may be asked for your card as “pre-authorization” of your final payment. We don’t recommend you agree to this, because some of these companies may estimate your final bill and deduct money against that estimate for up to seven days, leaving you without access to the money held for other things. You can of course use the card to settle the final bill when it becomes due.
A pre-authorization validates a credit card and reserves a specified amount of available credit. It is not a charge, although it may appear on your online statement. This reservation of credit is usually in effect 48 to 72 hours, and will expire automatically. This is a security measure that we use to protect our customers and DotAsia.Pool.com from fraudulent acts against our Domain Marketplace systems. When you first establish your account with DotAsia.Pool.com, a $60USD pre-authorization will be applied to your account.
In some places (usually hotels or for car hire) you may be asked for your card as pre-authorization of your final payment. We dont recommend you agree to this, because some of these companies may estimate your final bill and deduct money against that estimate for up to seven days, leaving you without access to the money held for other things. You can of course use the card to settle the final bill when it becomes due.
