Pre-Authorization on Virtual Terminal
cydamvlllc
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Posted on
Jan-08-2021
07:50 AM
All,
I'm a little new to this. I have a Booking.com client that wants to book my unit 3 months in advance. Authorizations look like they go out 30 days.
1) Do pre-authorizations go out 30 days? Do they cost money if I cancel it?
2) Dumb question but what is a preauthorization used for anyways? I have seen these at rental car companies but I have never had a problem where anything happened and I got it back. Is it like security deposit?
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