Preauthorizing
This option allows for performing payments from bank cards in two steps and return money without commission.
- In the course of payment, the money is put on hold but not deducted.
- The deduction is executed some time later upon your order.
In the timespan between putting on hold and deducting the money, you can prepare the order: check whether the product is available on stock and deliver it to the buyer.
If something goes wrong, you can cancel the payment after the first step: we will stop holding the money, and it will return to the buyer. And you won't need to pay a transfer commission.
Note
Preauthorization may also be referred to as: reserving, putting on hold, freezing, two-step debiting, deferred payment.
How It Works
First Stage
- A client pays for your product or service with a bank card.
- The order amount is put on hold; the client receives a message about the payment.
Second Stage
You make sure that everything is ready: the product is in stock, price remains unchanged, and the client approves the product. Your further actions depend on the outcome of this check.
| Everything is all right | Order not fulfilled | Order partially fulfilled | 7 days has passed |
|---|---|---|---|
| For instance, if a client picked a wrong size of a product and refused to accept it from the delivery boy.
| For instance, a client ordered two dresses. Only one of them fitted well.
| The money will become available to user automatically. |
Activating the feature
Preauthorizing works for everybody who implemented YooMoney via API.
- Sign up for YooMoney and complete the onboarding process via the API
- Implement payment acceptance with bank cards via the YooMoney API. The payment is carried out in two stages: you have 7 days to confirm or cancel the payment.
Documentation