Thought leadership – Partial Authorizations

first_img 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The ability for an issuer to approve a “Partial Authorization” has been available since 2005, yet most issuers and merchants still don’t take advantage of it. As a result, transactions on debit, prepaid, and gift cards frequently get declined, resulting in frustrated cardholders, and lost sales.Simply put, a Partial Authorization occurs when an authorization request for a card presented to a merchant is attempted for the full amount of the transaction and, if there are not enough funds in the debit or prepaid or gift account available to cover the full amount, the authorization is approved for the amount available. This allows the cardholder to use the available amount in the account, and for the merchant to obtain an additional form of payment for the difference. For non-reloadable gift Cards, the issuers will also return a card balance which will be printed on the receipt. Partial Authorization keeps transactions alive without the merchant telling a customer it has been declined and allows the cardholder to pay the remaining amount with another form of payment. continue reading »last_img read more

Area Softball Sectional Scores (5-25) Lady Wildcats Win Sectional Crown

first_imgArea Softball Sectional ScoresFriday  (5-25)Class 3A-Sectional 29 @ Franklin CountyFranklin County  3     South Dearborn  0last_img

AP McCoy honoured at BBC ceremony

first_imgTony McCoy got the Lifetime Achievement Award at the BBC Sports Personality of Year, which was held in Belfast last night.The Antrim man hung up his silks in the spring after recording more 4,300 winners during a 20-year career – his first came on the Jim Bolger-trained Legal Steps in a flat race in Thurles in March 1992.Jockey and Tipp FM racing expert Robbie Moran says this latest accolade is well deserved.last_img