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    What is the difference between capture and settle?

    What is the difference between capture and settle?

    Products

    Paya Virtual Terminal; Sage Software; Paya Exchange 


    Description

    In the Virtual Terminal and Paya Exchange, capture is done to convert an "auth-only" transaction to a "pre-auth". This is done to convert the transaction to a status that will allow it to settle. Settlement is when you submit the transactions to begin the funding process.



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