Avoid cancellations when offering pre-orders or not having enough in-stock items.
You accept a payment, but you run out of your stock in the meantime. Sounds familiar? Don’t worry. With a payment pre-authorization you don’t have to cancel the payment. Place a hold on a card to reserve funds now but capture them later.
How does it work?
When a customer makes a payment, the funds are held on their card for 4 days. In the meantime you can either capture the payment or release it.
Full capture of pre-authorized payment
Capture or release a full amount of the held funds.
Partial capture of pre-authorized payment
You can capture a part of the held funds and release the rest to the customer.