Credit Card Authorization Form Template Pdf

Credit Card Authorization Form Template Pdf

The signed form protects your business from chargebacks or financial problems. A credit card authorization form can be completed using an online template. It must be created in a written format and printed by the reseller. Once completed, it must be completed and signed by the cardholder. A credit card authorization form doesn`t have to be a complicated document. Typically, it includes: Credit card authorization forms are very useful for recurring transactions, whether they are recurring transactions manually entered by card that do not exist or recurring card transactions on file. The form does two things: it reduces the risk of customers saying they were billed when they shouldn`t have been, and it saves everyone a lot of time. An automated clearing house (ACH) authorization is a payment that gives a company permission to debit a customer`s bank account for payment. This form contains a signed agreement to debit a checking or savings account. In contrast, a credit card authorization gives permission to charge the credit card account. Recurring Credit Card Authorization – The act of using a person`s or company`s credit card for a charge that repeats in a timely manner (usually monthly). Once the customer decides to become a member or subscribe to the merchant, he must receive the authorization form to be completed.

The merchant may fill in certain information in advance, e.B. the merchant`s contact information, the amount ($) of the fee, recurring or not, and the day of the week or month when the fee will be charged again (if applicable). If the merchant uses the form on a daily basis, it is recommended to keep a “model version” of the form from which copies can be made. That is, if he wants to make a single transaction. Since there are different types that you can use, be sure to use them accordingly. The same applies if you want to download the form here. Check the format to see if it suits your needs. If you intend to authorize the third party to use your “cheque” or savings account for this payment, you must check the appropriate box in the “Bank (ACH)” section. That is, check the “Check” box or the checkbox labeled “Savings”. You must also provide the full name of the account holder on the blank line labeled “Name on Account”. Next, present the name of the bank where your account is held in the “Bank Name” line. Finally, document the “account number” and “routing number” of the bank assigned to the account for which you authorize payment using the following two blank lines in this field.

If you intend to authorize the use of your “credit card” by a third party, check the box “Visa”, “Mastercard”, “Amex” or “Discover” in the choices in the right section. To authorize third parties to use your credit card for this payment, enter your name in the blank field that says “Cardholder Name.” Next, enter the credit card number from which the money is to be drawn in the empty field labeled “Account Number.” Finally, transcribe the expiration date on your credit card in the lines labeled “Exp. Date” with the three-digit CVV code associated with your credit card (usually on the signature area on the back of your credit card) on the blank line labeled “CVV”. PCI compliance standards require all companies that process credit card information to “restrict physical access to cardholder data.” Be sure to protect cardholder data by keeping completed forms in a secure room or filing cabinet and limiting access only to employees who need it to perform their business duties. Since chargeback windows may vary, we recommend that you keep all signed authorization forms for up to two to three months after you stop reloading the card. Alternatively, if you`re using Square, you can save this map information using the Map to File feature (see above). After you create or edit your template, review it first. Do this before printing it. Make sure the template is error-free as it is a legal document. The slightest mistake can ruin your form, so it should be completely correct. Be careful when creating the form and read it first before printing it. When dealing with customer payments, things can get complicated.

Nowadays, many customers prefer to pay with a credit card. Therefore, it is important for businesses to create and use credit card authorization forms. If the authorization request is approved, the account is settled and the payment is transferred. However, merchants can also impose an authorization lock on the cardholder`s account. This reduces the customer`s credit limit until the transaction is completed. This usually takes 1 to 30 days. These are the most common types of templates that you can use for credit card authorization. You can also use templates for: Let`s say you`re a restaurant that offers lunch for a local office every two weeks. If you have an authorization form on file, you know that whenever that office requests delivery, you can charge it for the card. You don`t need to go back and forth every time on the payment method you want to use, or have them signed for the fee. Airline Credit Card Authorization – For anyone who wants to pay for a plane ticket via a paper form. Once the form is completed in its entirety, the client must sign.

This is a necessary step to make the form legally binding. The customer must write the following: Chargebacks protect consumers from unauthorized transactions. They occur when a customer refuses a charge to their business and asks the card issuer to cancel it. This type of credit card authorization should be used when a recurring payment is charged to a cardholder. .

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