Glossary
Authorisation Code |
A code that an issuer or its authorizing processor provides to indicate approval or denial for an authorisation request. |
Authorisation Date |
Date and Time that transaction was authorized. |
Authorisation Only |
A transaction created to reserve an amount against a credit card’s available limit for intended purchases; the settlement may occur within three to five days, depending on the card type. |
Authorized Amount |
Currency amount approved. |
Authorized Transactions |
Transaction that has been approved. |
AVS |
See Address Verification Service. |
