Cancelling An Authorization Hold
An authorization hold can be canceled by the merchant if the merchant uses an acquirer that supports a process known as authorization reversal. Different acquirers place different restrictions on the conditions that must be met for the merchant to make an authorization reversal, but it is typical that the reversal must be made very shortly (generally within a minute) after the original authorization. In cases where the merchant cannot perform a reversal, but wishes to cancel the authorization it is typical that the merchant would contact the acquirer by telephone.
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“The English did not come to America from a mere love of adventure, nor to truck with or convert the savages, nor to hold offices under the crown, as the French to a great extent did, but to live in earnest and with freedom.”
—Henry David Thoreau (1817–1862)