Klarinet Archive - Posting 000347.txt from 2006/10

From: GrabnerWG@-----.com
Subj: Re: [kl] Guidance please.......
Date: Mon, 30 Oct 2006 16:09:28 -0500

In a message dated 10/25/2006 6:52:02 P.M. Central Daylight Time,
charette@-----.org writes:
You need to learn the ins and outs of credit card processing, Walter.
You can put a 'hold' on the credit card for the money without charging
the card; the amount is reserved and held against the credit limit. That
portion of the credit card limit is unavailable to the customer>>
.
Yes, this is called authorizing. It was only recently made available to
people using PayPal as their merchant account.

Walter

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