Traditional Culture Encyclopedia - Hotel franchise - Will the money be deducted or refunded after pre-authorization is completed?
Will the money be deducted or refunded after pre-authorization is completed?
Deduct money. When guests check in at the hotel front desk, the hotel will pre-authorize a deposit on their credit card. After the pre-authorization is completed, the equivalent amount in the credit card will be temporarily frozen by the bank and will not be actually transferred to the hotel account until checkout. If actual consumption is less than the pre-authorized amount, the remainder will be refunded to the guest's account. Therefore, completion of pre-authorization usually means that the payment has been deducted unless there is any remaining amount that will be refunded.
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