payment-authorization

Vocabulary Word

Definition
'Payment-authorization' is like giving someone permission to take money from your bank account or your card. It's like signing a form in the school office that allows them to charge you for a field trip.
Examples in Different Contexts
In banking, 'payment authorization' is a security measure to approve transactions. A banker might advise, 'Always verify your payment authorization notifications to prevent fraud.'
Practice Scenarios
Tech

Scenario:

The latest app updates seem to have some compatibility issues. Users are reporting problems with the payments module.

Response:

I'll investigate the payment-authorization module code to sort out these compatibility issues.

Customer-Service

Scenario:

With the holiday season coming up, we anticipate a surge in bookings. We need to make our payment process as seamless as possible.

Response:

Agree, maybe we can train our team to handle payment-authorization queries to ease the process for clients.

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