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CREDIT CARD AUTHORIZATION FORM Wholesale Electric Supply

CREDIT CARD AUTHORIZATION FORM Wholesale Electric Supply

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this is shown at your to checkout today we're going to be discussing authorization codes the authorization code is five or six numbers generated by an issuing bank over the bank of a buyer using a credit card for the purpose of verifying and charting a credit card utilization in the sale of a good or service during a sales transaction an authorization code is transmitted from an issuing bank to a point-of-sale terminal with the message to either authorize or decline a sale this message depends on whether the customer has sufficient funds or credit to purchase the product or service in question the customer does have sufficient funds the code is to approve the transaction the customer does not have sufficient funds or the card is stolen or counterfeit the code signals to decline the transaction for more information please visit to check out com

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