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What is the difference between a Pre-Authorisation merchant and a “Purchase” merchant?

April 26, 2017merchant pre-authorisation purchase

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What is the difference between a Pre-Authorisation merchant and a “Purchase” merchant?

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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 used widely in many industries, such as the tourism industry, for example, debiting deposits.