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Transaction Type | Description |
RESERVE | This transaction completes an authorisation for the payment where the funds are reserved on the payment instrument. The reserved funds cannot be spent by the user. A RESERVE must be followed by a FINALIZE to confirm the payment within a pre-determined period else the authorization authorisation will be release released by the bank. This period differs by bank that the customer is paying from and you should FINALIZE within seven days of submitting the RESERVE request. |
FINALIZE | This confirms a RESERVE. A FINALIZE will almost always be guaranteed to complete after a RESERVE. A FINALIZE must be processed within seven days of submitting the RESERVE request. |
PAYMENT | This is a single leg transaction which does the RESERVE and FINALIZE in one call |
CREDIT | This is used to reverse refund the full or a partial amount of a completed transaction |
RESERVE_CANCEL | This is used to cancel a RESERVE, possibly if the merchant was unable to entitle the service or supply the goods |
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