Definitions
The following table contains important definitions for understanding this document.
Term  | Explanation  | 
|---|---|
Authorization  | Signifies that the card-issuing authority is requested about the matter if the  | 
Clearing  | Is the charging of an already authorised amount.  | 
Automatically clearing  | Signifies that authorised amounts of a card-issuing authority are directly charged.  | 
Manually clearing  | Signifies that the authorised amounts are charged on a later date by themerchant.  | 
Updated 6 months ago
