VeriFone VX 520 Instruction Manual

ITCARD • Planet Cash • Planet Pay • Planet Plus
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FIGURE 29 COPY OF CLIENT’S PRINTOUT – PREPAID GSM
3.2.5 Preauthorisation
The preauthorisation consists in blocking temporarily the funds on the Client’s for the later payment. This means
that the funds are not transferred to the Seller’s account but only reserved until the payment for the service is
made [see: Completion of preauthorisation
] or the expiry of blockade. The fund blockage period can be different
depending on the type of the card used
The preauthorisation is often used when booking hotel rooms or renting cars as the Seller’s security – the
guarantee that there will be sufficient funds on the Client’s account for the later settlement.
The data on the confirmation of the Preauthorisation are necessary for the performance of the
later settlement (Completion of preauthorisation).
It is recommended to keep the printout and store it until the Completion or release of blockade.
PREPAID GSM – ORIGINAL TRANSACTION PRINTOUTS (Seller’s and
Client’s)
CLIENT’S COPY PRINTOUT from
the menu

VeriFone VX 520 Specifications

General

Processor	400 MHz ARM11
Card Readers	Magnetic stripe, EMV chip
Operating Temperature	0°C to 50°C (32°F to 122°F)
Display	128x64 pixel backlit LCD
Connectivity	Dial-up, Ethernet
Contactless	Optional
Printer	18 lines per second
Security	PCI PTS 3.0 approved
Weight	500g
Dimensions	203 mm x 87 mm x 77 mm (8.0 in x 3.4 in x 3.0 in)