When can the hotel credit card pre-authorization be refunded? What if the credit card leaves the store after pre-authorization?

1. Hotel credit card pre-authorization can be refunded within 30 days.

2. If the cardholder pays in cash when leaving the store, the merchant will cancel the pre-authorization transaction and the card issuer will immediately unfreeze the pre-authorization amount.

3. If the merchant does not cancel the pre-authorization transaction, it will be automatically unfrozen 3 1 day from the pre-authorization trading day.

4. the advantage of pre-authorization is that it can avoid the phenomenon of running orders as much as possible.

5. If the guest leaves the hotel without checking out after completing the pre-authorization, the hotel can apply to UnionPay for completing the pre-authorization, and provide the guest consumption documents and pre-authorization documents.

6. In this way, UnionPay can transfer money from the traveler's card to the hotel account.

7. At the same time, it is also known that credit card pre-authorization is a new transaction method, which is popularly called prepayment, which can be understood as "deposit".

8. When consumers book hotels or air tickets by credit card, the bank will first freeze some funds in the credit card as a "margin" for merchants' consumption. After the consumption is completed, the merchant can officially deduct this part of the funds after the cardholder signs and confirms.

9. However, if the consumer fails to confirm the pre-authorization in time, the merchant can apply to UnionPay for the completion of the pre-authorization before the bank can transfer the funds to the merchant's account.