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Credit Card PRE Authorization Form CREDIT CARD BILLING AUTHORIZATION HOTEL NAME: HOTEL PHONE #:HOTEL ADDRESS: HOTEL FAX #:CARDHOLDER NAME: PHONE #: CARDHOLDER ADDRESS: FAX #: TYPE OF CREDIT CARD (circle
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What is credit card pre authorization?
Credit card pre authorization is a process where a merchant obtains approval from a cardholder's issuing bank to verify that the card is valid and has sufficient funds before completing a transaction.
Who is required to file credit card pre authorization?
Merchants who wish to verify a cardholder's ability to pay for goods or services before finalizing a transaction are required to file credit card pre authorization.
How to fill out credit card pre authorization?
To fill out credit card pre authorization, merchants need to obtain the cardholder's consent, verify the card details, and request authorization from the cardholder's issuing bank.
What is the purpose of credit card pre authorization?
The purpose of credit card pre authorization is to reduce the risk of fraudulent transactions and ensure that merchants receive payment for goods or services rendered.
What information must be reported on credit card pre authorization?
Credit card pre authorization typically requires the cardholder's name, card number, expiration date, billing address, and the amount to be authorized.
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