Pre-Authorization on Virtual Terminal

cydamvlllc
Contributor
Contributor

All,

 

I'm a little new to this. I have a Booking.com client that wants to book my unit 3 months in advance. Authorizations look like they go out 30 days.

 

1) Do pre-authorizations go out 30 days? Do they cost money if I cancel it?

2) Dumb question but what is a preauthorization used for anyways? I have seen these at rental car companies but I have never had a problem where anything happened and I got it back. Is it like security deposit?

Login to Me Too
0 REPLIES 0

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.