- REST APIs
- Welcome
- Card Payments
- 3D Secure 2
- Vault
- Getting Started
- Using the API
- Typical API Calls
- Verify That the Service Is Accessible
- Create a Profile for a Customer
- Add an Address to a Profile
- Add a Card to a Profile
- Add a Bank Account to a Profile
- Create an Apple Pay Single-Use Token
- Create a Google Pay Single-Use Token
- Create a Mobile Single-Use Token
- Create a Direct Debit Single-Use Token
- Process a Transaction Using a Payment Token
- API Reference
- Test and Go Live
- Direct Debit
- Apple Pay
- Google Pay
- Business Portal
- Business Portal Acquiring
- Partner Portal
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- Business Portal Ecommerce
- Alternate Payments
- Platforms
- Overview
- Accounts API V1
- Getting Started
- Using the API
- Typical API Calls
- Verify That the Service Is Accessible
- Create a New Merchant
- Create a New Merchant Account
- Create a New User
- Add an Address
- Create a Business Owner
- Add a Business Owner Address
- Add a Business Owner Identity Document
- Add a Merchant Bank Account
- Accept Our Terms and Conditions
- Activate the New Merchant Account
- Validate the Bank Account
- Enable Webhooks to Receive Application Statuses
- Test and Go Live
- Subaccounts
- Applications API
- Split Payouts
- Balance Transfers
- Paysafe Payments API
- Reference Information
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- Glossary
Process an Authorization Followed by a Settlement
An authorization verifies that the customer's credit card account is valid and that sufficient funds are available to cover the transaction.
- With the authorization request, the funds are held and deducted from the customer's credit card limit (or bank balance, in the case of a debit card) but are not transferred to the merchant's account until the merchant settles (or captures) the transaction.
- For debit cards, authorization holds can expire (thus rendering the balance available again) anywhere from 1–5 days after the transaction date, depending on the bank's policy.
- For credit cards, authorization holds may last as long as 30 days, depending on the issuing bank.
Authorization and Settlement Message Sequence
- The Merchant posts an authorization request for a specific amount to the Paysafe Group platform and if successful, receives a response indicating that the request was authorized.
- When the merchant is ready, they send a request to Paysafe Group to settle the transaction (capture the authorized funds). The pending settlement request is sent in a batch file to the card issuer, typically at the end of the day.
Authorization and Settlement Message Sequence