What does POS authorization (including language, mandatory) mean for Bank of Communications credit card bills?

Consumer authorization (including language and compulsion) refers to the authorization method: language is telephone authorization, which is mostly used for hotel and air ticket reservation, and compulsory authorization is more extensive. For example, in foreign countries, the card is degaussed, and some special support is used to authorize payment by manual pressing.

Compulsory consumption belongs to the unique transaction description language of Bank of Communications, which can be regarded as: UnionPay transaction/UnionPay consumption.

Credit card pre-authorization refers to the credit card issuer or its agency before the deduction of special merchants. So UnionPay can transfer money from the traveler's card to the hotel account.

Pre-authorization will occupy the credit limit of the card. When the customer settles the pre-authorization, the pre-authorization will be cancelled. Within 30 days of pre-authorization, if the customer fails to settle the account, the pre-authorization will be cancelled.

Credit card pre-authorization refers to the transaction in which the card issuer or its agent confirms the permitted frozen amount before the deduction of the special merchant. Simply put, it is a form of "advance payment".

Extended data:

Relevant clauses of Pacific Personal Credit Card Collection Contract of Bank of Communications

If Party B fails to confirm the transaction in the above way (including but not limited to the transaction initiated by the special merchants who exceed the pre-authorized amount within the scope specified by the bank card organization, and the taxes, tips and currency exchange fees generated according to the laws and practices of the transaction place), or the transaction confirmation is defective.

If Party A verifies that there are relevant written materials, telephone recordings and electronic data. If the transaction is proved to be real and approved by Party B explicitly or implicitly, or Party B is at fault for the transaction even though it is not approved, Party B shall not refuse to undertake the transaction payment on the grounds that the transaction is not confirmed as agreed or the transaction confirmation is defective.

Bank of Communications-Bank of Communications Pacific Credit Card Charter

Baidu encyclopedia-credit card pre-authorization

Bank of Communications-Bank of Communications Pacific Personal Credit Card Collection Contract