Does xstore has Authorization on hold functionality/how can we put authorization on Hold on payment?
Hi Team,
One of our client want to put the authorization on hold on the payment until business completes the payment settlement.
Authorization on hold :
Ø an authorization hold is a hold placed on funds at your back with the anticipation that a payment to a business will be completed. These holds usually last anywhere from 3-5 days so that an individual does not have access to those funds as part of their available balance during that time. If the business completes a settlement for a purchase or payment then the funds are removed from the individuals account and if not the hold on the funds is released back to the individual for their use.