It’s the same thing, it’s just that each bank calls it differently.

You need a password when doing pre-authorization. No password is needed to complete it. Some POS can do pre-authorization without even needing a card. As long as there is a pre-authorization form, the credit card number and authorization number and the sum of 30 It can be done within.

In short, no password is required for transactions after pre-authorization, such as pre-authorization completion/confirmation, pre-authorization revocation, pre-authorization completion revocation, etc.

Extended information:

Precautions when performing pre-authorization at POS terminals

1. Supports card swiping and manual card number input.

2. The purchase form should be kept properly.

3. Cancellation of "pre-authorization revocation" is not allowed.

4. Cancellation within 30 days after pre-authorized transactions (including additions).

5. Individual revocation of part of the pre-authorized amount is not supported.

6. The transaction voucher is marked with the words "pre-authorization revocation".

7. If a pre-authorization is added, the amount, pre-authorization number and date should be the ones after the addition.

8. There is no need to verify the cardholder’s password.

9. Applicable when the guest changes to another payment method, cancels the check-in or makes an error in the pre-authorization operation.