Meaning Authorized transaction
What does Authorized transaction mean? Here you find 3 meanings of the word Authorized transaction. You can also add a definition of Authorized transaction yourself
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Authorized transactionIn credit card terminology, an authorized transaction is one that has been approved.
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Authorized transactionAuthorized transactions are Debit Card purchases made without entering a PIN at specific types of businesses. The amount of the transaction is not deducted from your Available Balance until the final purchase amount is received from the merchant, because the initial amount of the transaction is often higher than the final transaction.
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Authorized transactionTransaction that has been approved.
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| << Authorized amount | Authorized user >> |