What is the difference between “Pay-at-the-pump” transactions and other merchant transactions?
Pay-at-the-pump transactions occur when you swipe your BankAtlantic Debit Card at the gas pump. The station generally requests an authorization to verify the account is active. Most authorizations are for $1.00. Other merchants, such as restaurants and hair salons may add an estimated tip to the authorization amount, which may cause the actual purchase amount to differ from the pending transaction amount. Hotels, cruise-lines and car rental agencies are allowed to request authorization amounts based on the length of stay, taxes and any additional expected dollar amounts. It is recommended that you ask for the authorization pending amount when you are making your reservations.
Related Questions
- What increased bandwidth for the merchant might be required to handle transactions? What share of total costs would arise from communications (bandwidth) both for the publishers and Clickshare?
- Can I monitor disputed transactions using Online Merchant Services?
- How can a merchant review their transactions?
