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Old 03-06-2014, 02:55 AM
Dee Taylor's Avatar
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Authorize.net authorize only - how to finish capturing the funds?


We have authorize.net set to 'authorize only', which does authorize the funds. How do we finish capturing the funds? Is that only possible from our authorize.net control panel?
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Old 03-06-2014, 04:02 PM
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Originally Posted by Dee Taylor View Post
We have authorize.net set to 'authorize only', which does authorize the funds. How do we finish capturing the funds? Is that only possible from our authorize.net control panel?
Hello,

Ecwid itself and, in particular, your Ecwid account doesn't deal with your customers' money: Ecwid doesn't collect, held or process your money in any way. Instead, Ecwid integrates with a variety of payment gateways which make the payment transactions from your buyers to you. So, Ecwid serves as a transmitter in your transactions: it collects your customer's information, saves it for you to be able to see your customers and sales later, and passes it to special payment systems - third party payment gateways/processors that specialize in processing credit cards and provide security level required for storing and manipulating with such sensitive data. The process of withdrawal of money from that system will depend on the payment solution you choose.

When Authorize Only transaction type is used the transaction is authorized by the credit card issuing bank and available funds are held on a credit card account. The transaction is not yet submitted to the processor for settlement. Instead, the transaction is in an Authorized/Pending Capture state until a capture action is performed from the Unsettled Transactions page. Once an Authorize Only transaction is captured, it is submitted for settlement based on the Transaction Cut-Off Time configured for your account.
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