The merchant might be authorize your purchase and hold a set dollar amount on your global cash card account that could be higher than the actual purchase amount.
GlobalCashCard - Pre Authorization
This is Joe, Joe has big plans for the night and he's made sure, he has one hundred dollars in his account to cover those big plans. First, stop the gas station. Joe whips out his card swipes it at the pump and pumps $30 worth of gas. Everything is great and Joe is on his way.
Next, stop the florist, Joe pulls into the flower shop just 10 minutes from the gas station. Oops, card declined what happened the gas was $30 and flowers were $20. Joe should still have fifty dollars in his account. What's going on, remember when Joe paid at the pump when you paint the pump, the merchant might be authorize your purchase and hold a set dollar amount on your card account that could be higher than the actual purchase amount. So, when you go to make another purchase, right away your available balance might be lower. Because of, the hold the pre-authorization is released.
Once the payment is processed, this typically takes anywhere from three hours to one day for most accounts, but longer time frames may apply could Jill prevent this from happening absolutely instead of paying. At the pump, Joe gives his car to the attendant to prepay for gas, this will avoid a pre-authorization. For example, if Joe pays $30 up front, the merchant will not hold any additional funds. Because, the pump will automatically stop when it dispenses exactly 30 dollars worth of gas and bingo no hold on the funds.
Joe is now one happy guy and can buy those flowers. Could Joe run into this problem anywhere else? Yes, if the merchant is a hotel restaurant or Car Rental, they might put a hold on Joe's funds to cover the full cost of his estimated purchase that amount will not be available for Joe to use until the merchant releases, the whole the amount will vary by merchant. So, Joe should definitely ask them at the time of payment, about their policy now that Joe understands.
These simple and easy ways to manage reauthorizations the only thing, he'll have to worry about on his date is his haircut likes.