authorization
Authorization is the process of asking the credit card company if the card is indeed valid when it is used.
Glossary
Glossary of terms commonly used in the Wallet
Terms starting from A
2 Information
automatic insurance
The insurance service that comes with a credit card when it is issued is called supplementary insurance. The card issuer is the policyholder and the cardholder is the insured, and this service is provided as a benefit when signing up for a credit card.