When a card is used either at an ATM, POS or Online, an authorization request is made which is approved or declined based on the following steps.
authorization.request
event which you are expected to either approve or decline.Authorization
is automatically approved or declined based on your timeout settings as configured in the card funding source.Once an authorization request is made, the status on the authorization is set to pending
, and the authorization.request
webhook event is sent. On approval, the amount
is deducted from your default available balance. A transaction is then created and the status
of the authorization is set to closed
.