New Docusign ID Verification Signer Experience ID Verification supports a variety of use cases The request, “May I see your ID?” has become so commonplace in our daily lives, it barely registers. Whether at the check-out register or submitting a credit application, showing proof of identity...
Settlement is when the funds from customer transactions are actually transferred from the cardholder's issuing bank to the business's acquiring bank. Think of it like this: Payment authorisation is when the issuer says, "Yes, those funds are available and have been approved for use for this pu...
During card authorisation, the issuer confirms that the funds or credit necessary to cover the cost of the purchase are available, but the money itself doesn't move during authorisation. That happens straight after, during capturing. Payment capture can happen on a variable timeline, but as most...