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Introduction of credit card pre-authorization business of CITIC Bank?
The credit card pre-authorization business of CITIC Bank refers to the business that a special merchant obtains a payment commitment from the card issuer within 30 days that does not exceed a certain proportion of the pre-authorization amount, and accepts it from the card issuer after the cardholder obtains the goods or accepts the service. During the pre-authorization period, the card issuer shall ensure that the pre-authorization amount is 1 15% (100% for UnionPay domestic lines; There is no such requirement for foreign currency quota transactions, and direct transactions are recorded. ) within the scope of payment acceptance.
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