Tag: holds

Don’t Let Authorization Holds “Hold” You Up

[ 0 ] January 27, 2014 |
Don’t Let Authorization Holds “Hold” You Up

Written by Alice Holbrook, NerdWallet Declined. Those seven letters are enough to make any shopper using plastic break out in a cold sweat. A rejected transaction often indicates insufficient funds, but it also can be the result of an authorization hold. An authorization hold – also known as a block or preauthorization – occurs when […]

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