A one (1) time credit card payment authorization form gives a merchant the right to charge a customer’s credit card a single time without the physical card being physically present. Obtaining the customer’s approval with the form gives the merchant protection in the event a chargeback is initiated.
The following information is needed in order to complete the form in full:
- Full name and address of the cardholder;
- Merchant name;
- Amount of charge ($);
- Date (mm/dd/yyyy) that the charge will occur;
- Card type used (VISA, Discover, etc.);
- Card number (#), expiration date, CVV, and ZIP; and
- Cardholder signature.
When to Use
A merchant can make use of the form whenever they intend to charge a customer in their absence. This may be necessary if the merchant doesn’t have a way of knowing the exact amount that will be owed until a later date. By obtaining a signed authorization form, the merchant can charge the card without having the customer come back to the business in person.