🚀 go-pugleaf

This is often how hotels etc work...

they 'pre-swipe' the card for the approximate amount when you check in - to
get a guarantee from the card issuer.
Then when you check out - they will re-swipe (unless it is stored in their
customer info DB (not good!) for the final amount due.


"Phred" <ppnerkDELETETHIS@yahoo.com> wrote in message
news:btmeu9$8tm2f$7@ID-151056.news.uni-berlin.de...
> In article <og6svv8455bkafqfadk3unjjko031ut7lv@4ax.com>, TEO
<nospam@nospam.com> wrote:
> >On Thu, 08 Jan 2004 08:19:22 -0500, Jack Mac <camkcaj@bellsouth.net>
wrote:
> >
> >[snip]
> >>>
> >>A few weeks ago I ordered a Dell Desktop and a Dell Laptop at the same
time.
> >>They charged my credit card for each when they shipped. The Desktop
first
> >>and the Laptop about a week later. I think they state that in their
policy on
> >>their WEB page.
> >
> >        Authorization and actual posting of a transaction are
> >completely different. On Credit Cards authorization simply removes the
> >amount of money in question from your available credit. No interest is
> >charged on this amount until it posts to the account. Generally, Dell
> >likes to authorize the full amount and then post the transaction
> >before the authorization falls off. This helps to prevent people
> >buying computers, Dell building them, person wracking up charges on
> >their CC and then Dell trying to post the transaction again, only to
> >fail and have a custom built PC lying around.
>
> Interesting.  I can see Dell's POV, but I'm not aware that this sort
> of "hold" thing is available in Oz (which is not to say it isn't 8-).
>
> Here, I've always understood the generally accepted financial
> protocols to be (not restricted to dell.com.au):
>
> 1. Payment by cheque -- they present the cheque on receipt, even
> though there may be a delay in supplying the goods.
>
> 2. Payment by CC -- they do NOT charge the card until the goods are
> despatched.
>
>
> Cheers, Phred.
>
> -- 
> ppnerkDELETE@THISyahoo.com.INVALID
>