1a obsolete : reward or punishment dueb : the qualities or actions that constitute the basis of one's deserts Opinions of his merit vary.c : a praiseworthy quality : virtue but originality, as it is one of the highest, is also one of the rarest, of merits â E. A. Poed : character or conduct deserving reward, honor, or esteem; also : achievement ...
When you use your Debit Card for a purchase and use the card as credit, the merchant will request an approval or âauthorizationâ for the transaction. The authorization confirms that an account is open and the purchase amount is approved at the time of request. Many merchants request an authorization for the exact amount. However, some merchants send an amount as low as $1 for authorization. Each authorization will show as a pending transaction.
Credit Card Charge Authorization Forms. When you pay over the phone or use someone else's credit card with their permission -- such as when a child uses her parent's card to pay for a dentist appointment -- the merchant needs the cardholder's express permission. merchant can't legally charge your credit card without your permission, but this doesn't necessarily mean the merchant has to get an authorization form for every charge.