Overview of the Payment Authorization, Clearing & Settlement Process
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Overview of the Payment Authorization, Clearing & Settlement Process
The Payment Card consists of three key phases : Authorization, Clearing and the Settlement. Payment Authorization refers to the process of securely communicating authorization requests, responses and cancellations messages essential to verify the vital cardholder details at the time of purchase. Clearing is the process of exchanging financial ...
7.9K viewsJul 27, 2020
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🚨 USCIS Fee Payment Change Starts October 28, 2025 🚨 Beginning October 28, 2025, USCIS will no longer accept paper checks or money orders for filing fees. To avoid rejections or delays, make sure you pay using one of the approved electronic methods: What’s changing ✅ Accepted: • Credit/Debit card using Form G-1450 (Authorization for Credit Card Transactions) • Direct bank (ACH) debit using Form G-1650 (Authorization for ACH Transactions) ❌ Not accepted after Oct 28, 2025: Paper checks and mone
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