Common use of Pre-authorisation Clause in Contracts

Pre-authorisation. Certain merchants may pre-authorise the estimated amount of (or a certain percentage of) your final bill. Where a merchant seeks a pre-authorisation, the amount of the pre-authorisation may be reflected in the balance of your Airwallex account and may be made unavailable for future purchases. Any portion of such pre-authorised amount which is not applied towards the payment of goods or services will be made available in your Airwallex account for future purchases.

Appears in 2 contracts

Sources: Visa Card Supplement, Visa Card Supplement