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Why is extra amount held for my card payment?
Sometimes an extra amount may be placed on hold to cover potential additional costs or adjustments. This ensures there are sufficient funds in your Paysafe Wallet Account to cover the final transaction amount, especially if the final amount is not yet known.
When using your card at a gas station, it's best to pay inside to avoid having an extra portion of your card balance held and unavailable for a period of time after using the pump.
At restaurants or places where tipping is common, merchants might preauthorize a higher amount to cover the tip. For hotels, car rentals, or similar services that require a deposit, merchants may preauthorize an estimated amount. This hold on your funds will remain until the merchant finalizes the payment.
The hold can last up to 30 days, during which time the funds will be unavailable for use.