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airplus.com
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Definitions (18)
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Account number
A unique number assigned to a customer by a financial institution. With a credit card, the number is stamped and encrypted on the plastic card.
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Approval Code
Approval code for a credit card transaction from the credit card company for the requested amount. The limit of the credit card will be immediately reduced. The debit occurs only when the transaction is submitted.
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ATX
Get your daily transaction data (i.e. before billing), so it can be fed as quickly as possible into employees’ travel invoices.
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Authorized amount
Authorized amount of money.
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Authorization
Only with authorization - a transaction with the aim of reserving an amount for planned purchases according to the available credit card limit. The payment may vary according to card type from three to five days to clear.
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Authorization code
A code that a dispensing credit card company or an authorized processing company provides to identify the approval or rejection of an authorization request.
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Authorization date
Date and time at which the transaction was authorized.
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