Joke Collection Website - Blessing messages - What's wrong with freezing credit card pre-authorization? The bank sent a text message, and then the pre-authorization was revoked!

What's wrong with freezing credit card pre-authorization? The bank sent a text message, and then the pre-authorization was revoked!

Did you make a hotel reservation or something?

Pre-authorization is a credit guarantee. Generally used in hotels, restaurants and other service industries.

After you place an order, the merchant will submit an application to the bank to freeze the corresponding amount in your card.

It's just frozen, not deducted.

If you use this service and incur expenses, the merchant will submit a settlement application to the bank. Will deduct the money.

Cancel the order, and the pre-authorization will be invalid. Whether to deduct money or not depends on the agreement between you and the merchant.