What it means
Authorisation checks whether a payment can proceed before funds are captured or settled. It does not always mean the money has reached the merchant bank account yet.
Why it matters in travel
A booking may look paid from a sales perspective before finance has settlement evidence, so authorisation and settlement should not be treated as the same event.
How felloh helps
felloh keeps payment state attached to the booking so teams can distinguish authorised, captured, settled, refunded and failed payments.