What Happens to Credit Card Authorizations in Valpay After the Authorization Period Expires?
When a credit card pre-authorization is processed in Valpay, it temporarily reserves a specific amount of funds from the cardholder’s account. This authorization has a predefined validity period. Below, we outline what happens when the authorization period expires, along with key details about fund releases and voiding pre-authorizations.
Automatic Release of Funds
Once the authorization period expires, the reserved funds are automatically released and returned to the cardholder’s account:
If the authorization period expires before a pre-authorization is voided, no further action is needed to void it. The funds are automatically unheld and sent back to the cardholder.
The automatic release of funds ensures that the cardholder regains access to the reserved funds without additional intervention.
FAQs
Do I need to manually void a pre-authorization once it expires?
No, voiding is unnecessary once the authorization period has expired. Valpay processes the automatic release of funds post-expiration, and the funds are sent back to the cardholder’s account.
What if the funds are not visible in the cardholder’s account after the authorization expires?
In most cases, the funds should be visible shortly after the authorization period expiration. However, slight delays can occur depending on the cardholder’s bank processing times. It's best to check with the cardholder’s bank for specific timelines.
Related Topics
By automatically releasing funds upon expiration, Valpay ensures a seamless transaction experience for both merchants and cardholders.