The different kinds of order transactions.
An amount reserved against the cardholder's funding source. Money does not change hands until the authorization is captured.
A transfer of the money that was reserved during the authorization stage.
Money returned to the customer when they have paid too much.
An authorization for a payment taken with an EMV credit card reader.
A partial or full return of captured funds to the cardholder. A refund can happen only after a capture is processed.
An authorization and cap