Capture Definition.
The merchant’s confirmation, sent to the acquirer in a batch, that an authorization should actually be charged. In e-commerce it often happens at shipment (authorization at order, capture when the package ships), in full or in part. An uncaptured authorization expires, usually after 7 days (longer for certain MCCs such as hotels).
See also
Where this term appears
GuideMerchant, acquirer, PSPGuideAgents, distributors, and banking-as-a-service: who is liable for whatGuidePayments in the BalkansGuidePayments in the Netherlands and BelgiumGuidePayments in Germany, Austria, and SwitzerlandGuidePayments in Hungary, Czechia, and SlovakiaGuidePayments in the UKGuidePayments in Russia and the CISGuidePayments in ArgentinaGuidePayments in ColombiaGuidePayments in Argentina, Chile, and UruguayGuidePayments in the US