Originally Posted by
imverge
I have a merchant account so I know exactly how this works.
If the merchant doesn't post the transaction within 5-7 business days (depending on card issuer) that authorization is no longer valid and will drop off the account and the credit that was suspended to support the charge becomes available once more.
The merchant will then have to try and obtain another authorization and post the charge once again within the 5-7 days.
While I don't have a merchant account, based on 20+ years of having credit cards I would agree. However, in our case, AC's pre-auth dropped off for a solid 2 weeks, and yet they still managed to charge our card after a refund was issued and the ticket cancelled? How did they manage that?