Pre-Authorization: Learn The Benefits & Debunk Myths

Running a brewery or restaurant venue requires a lot of hard work and TLC. That’s why your business deserves safeguards!

Arryved, the most-trusted POS system in the brewing industry, is proud to offer pre-authorization! With pre-auth, you can secure funds before completing a transaction, ensuring a smooth experience for your team and guests.

What is Pre-Authorization? How Does Pre-Auth Work?

Pre-authorization is a common practice in hotels, e-commerce, and gas stations. These industries want to protect their revenue while allowing for seamless transactions. 

Pre-authorization is a payment process that allows merchants to verify a customer’s card before opening a tab. Pre-auth securely saves payment information and places a temporary hold to confirm sufficient funds. At close-out, it improves efficiency!

With pre-auth, breweries have peace of mind while continuing to delight guests.

Psssst! A Quick Reminder About Credit Card Authorization

When a check closes, a credit card transaction goes through authorization to confirm the cardholder’s details and available funds. Here’s the skinny:

1. The merchant initiates an authorization request.
2. The card issuer verifies the card’s validity and minimum funds of the pre-auth amount.
3. The transaction is approved or declined based on the issuer’s decision.

So, pre-authorization gives breweries an extra layer of protection against revenue loss.

More Benefits of Pre-Authorization for Breweries

Safeguards sound peachy, right? It gets better: Pre-auth helps you streamline and improve your guest experiences.

• Reduce fraud: Verify if a card is valid and hasn’t been reported lost or stolen.
• Prevent insufficient funds: Ensure guests have enough money before opening a tab.
• Offer faster service: One quick swipe pre-authorizes!
• Save time: Bonus: Arryved’s card-on-file feature keeps tabs open without your guests forfeiting physical cards.

Let’s Debunk Common Myths About Pre-Authorization

Here at Arryved, we’re all about transparency. So let’s clear up some pre-auth misconceptions:

Pre-auth Myth #1: Pre-authorization = payment processing. 

False! Pre-auth only verifies funds. It doesn’t transact complete payments.

Pre-auth Myth #2: Authorization causes immediate fund transfers. 

Nope. The actual, and final, transaction posts later.

Pre-auth Myth #3: Saving card info is a security risk!

Not true: All data is encrypted and never stored on local devices.

Pre-auth Myth #4: Guests will think they’re charged twice.

That’s easy to clear up: Pre-auth holds disappear in 1-3 days, depending on the cardholder’s bank.

Pre-auth Myth #5: Pre-auth complicates daily operations.

Quite the contrary: Pre-auth integrates with existing workflows, supporting split checks, multiple payment methods, and sales tracking.

Pre-auth Myth #6: Pre-auth burdens guests.

Actually, pre-auth secures purchases for guests without immediate payments.

Safeguard Your Operations & Maintain Exceptional Guest Experiences with Pre-Authorization from Arryved POS

Pre-authorization from Arryved empowers your taproom to serve guests with confidence, speed, and security. 

Arryved also utilizes incremental authorization when guests add to their tabs. Arryved’s initial authorization holds $20, but breweries and restaurants can customize it between $1 to $30.  If a guest’s final bill is more than that, Arryved runs an additional authorization for the difference before closing the tab. Of course, the guest’s bank will release any unused hold within a few days. 

Pre-auth is just a taste of how Arryved safeguards and propels breweries. Here’s a rundown of why this tool is great:

• Save money on walk-out tabs: If a guest doesn’t have enough money in their account, they can’t start a tab. 
• Avoid guest confusion: Pre-auth holds take a maximum of 3 days to disappear.
• Reduce your chargeback risk: Pre-auth verifies funds upfront, reducing payment disputes.
• Manage easily: Turn pre-auth on or off in just a few taps with Arryved. 

Ready to streamline your transactions and protect your revenue? Learn how to optimize your operations with Arryved POS today!