Spreadconnect uses a system called the Batch Authorization Payment Process to streamline the processing of orders. This process minimizes the frequency of payment authorizations by handling multiple order authorizations together in a single batch, which allows for efficient processing without affecting individual payment details. This article explains how it works and provides examples to help you better understand the process.
When is Batch Authorization Payment triggered?
A Batch Authorization Payment is made on your default payment method once one of the following thresholds is met:
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30 orders are received.
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$300 in total order value is exceeded
If neither threshold is met within 6 hours after the first order is placed, a Batch Authorization Payment will still be made for the total value of orders received up to that point.
Note: Regardless of order quantity or value, a Batch Authorization Payment will occur 6 hours after the first order is placed.
What happens after Authorization?
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Orders are sent to production: Once the Batch Authorization Payment is completed, the orders covered by the batch will move into the production.
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Orders are billed separately: After your products are shipped, Spreadconnect will bill each order individually using your default payment method.
Examples of Batch Authorization Payments
1. Your shop receives 30 separate orders (á $9.96) for a T-Shirt over a span of 2 hours.
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A Batch Payment of $298.80 will be made on your default payment method.
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These 30 orders will then be sent to production.
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Once the products are shipped, Spreadconnect will charge 30 separate payments of $9.96 to your default payment method.
2. Your shop receives 4 separate orders (á $9.96) for a T-Shirt within 6 hours.
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Six hours after the first order is placed, a Batch Authorization Payment of $39.84 will be made on your default payment method.
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These 4 orders will be sent to production.
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After the products are shipped, Spreadconnect will charge 4 separate payments of $9.96 using your default payment method.
How to track Batch Authorization Payments?
You can track Batch Authorization Payment in the Order Detail Page within the app. All orders display a Transaction ID, and all orders authorized in the same batch share the same Transaction ID. This allows you to easily track and reconcile batches.
Searching for the Transaction ID allows you to verify every order in Batch Authorization Payment for easy reconciliation.