Common use of Mismatched Authorisations Clause in Contracts

Mismatched Authorisations. Some merchants may request confirmation that there is sufficient funds in the account to meet the anticipated cost of goods and services they will supply (this is a common practice in hotels and car rental companies). We treat this request as a ‘request for authorisation’. Once the authorisation is made, the available funds are reduced by up to the amount anticipated by the merchant. This means the current balance may not indicate the correct amount until the authorisation is cleared and the Account Holder may find they have reduced funds in the account. When the goods and services have been supplied the merchant may request a subsequent authorisation for the actual costs. This may have the effect of reducing the available balance further by the sum of two authorisation amounts.

Mismatched Authorisations. Some merchants may request confirmation that there is sufficient funds in the account to meet the anticipated cost of goods and services they will supply (this is a common practice in hotels and car rental companies). We treat this request as a ‘request for authorisation’. Once the authorisation is made, the available funds are reduced by up to the amount anticipated by the merchant. This this means the current balance may not indicate the correct amount until the authorisation is cleared and the Account Holder may find they have reduced funds in the accountcleared. When the goods and services have been supplied the merchant may request a subsequent authorisation for the actual costs. This the subsequent authorisation amount may have differ depending on the effect actual cost of reducing the available balance further by the sum of two authorisation amountsgoods and services purchased.

Mismatched Authorisations. Some some merchants may request confirmation that there is sufficient funds in the account to meet the anticipated cost of goods and services they will supply (this is a common practice in hotels and car rental companies). We treat this request as a ‘request for authorisation’. Once the authorisation is made, the available funds are reduced by up to the amount anticipated by the merchant. This means the current balance may not indicate the correct amount until the authorisation is cleared and the Account Holder may find they have reduced funds in the account. When the goods and services have been supplied the merchant may request a subsequent authorisation for the actual costs. This may have the effect of reducing the available balance further by the sum of two authorisation amounts.

Mismatched Authorisations. Some merchants may request confirmation that there is sufficient funds in the account to meet the anticipated cost of goods and services they will supply (this is a common practice in hotels and car rental companies). We treat this request as a ‘request for authorisation’. Once the authorisation is made, the available funds are reduced by up to the amount anticipated by the merchant. This means the current balance may not 16 VISA DEBIT Card Terms & Conditions indicate the correct amount until the authorisation is cleared and the Account Holder may find they have reduced funds in the accountcleared. When the goods and services have been supplied the merchant may request a subsequent authorisation for the actual costs. This The subsequent authorisation amount may have differ depending on the effect actual cost of reducing the available balance further by the sum of two authorisation amountsgoods and services purchased.