AUTOMATIC REFRESH AUTHORIZATION FOR EXPIRED PAYMENT TRANSACTION AUTHORIZATIONS

摘要

An automatic refresh authorization for payment transaction authorizations that are estimated to be expired is disclosed. The automatic refresh authorization can be determined in house by a payment service provider without the need for human intervention or additional information from a merchant. If several days have gone by since a credit card payment was authorized (but not settled), a reauthorization can be automatically initiated so that a subsequent capture/settlement request will successfully transfer funds. The threshold number of days/hours can be customized by the payment service and/or merchant and may be directed to certain payment processors with high fees only. If the reauthorization fails, a capture request based on the original authorization can be attempted in order to document the denied capture request for the merchant.