Traditional Culture Encyclopedia - Hotel franchise - What does pre-authorization for travel in the underworld mean?

What does pre-authorization for travel in the underworld mean?

Mojie Travel Pre-authorization This is a way of advance payment, just understand it as a deposit. The car rental company provides car rental service, and you agree to make a "pre-authorization" transaction, that is, to "notify" the bank, and you agree to authorize part of your credit line as a deposit for your car rental transaction.

There is no capital flow in the pre-authorization transaction itself. Is to send a notice to the bank, and then the bank freezes the credit line you agree to authorize. The transaction that matches the pre-authorization is completed, and the pre-authorization cancels the transaction.

Introduction to the underworld

Mojie Travel is mainly engaged in time-sharing business. It is the first free car return+outlet car return mode in the industry, and it is also the first travel platform in the industry to realize all operations such as vehicle unlocking and starting through mobile App. All platforms use FAW-Volkswagen brand vehicles.

Mojie Travel aims to create a high-quality modern service industry. Well-known upstream and downstream enterprises in the United Nations, such as cloud computing, car networking, information and communication, car manufacturing, car sales and maintenance, insurance, hotels, scenic spots and other industries, have developed new technologies and products around mobile travel services and products, and have taken the lead in using face recognition security technology, keyless and cloud-controlled car solutions, and data double backup redundancy systems in China.