In plain English
A card issuer’s approval to hold a payment amount only lasts for a limited time. This status means that approval for the card payment has run out and is no longer valid.
In context
Here, it labels a card payment whose issuer approval to hold the amount has lapsed because the allowed time passed before completion.
- Situation
- Reading card, bank, wallet, authorization, decline, pending, and settlement states
- What it communicates
- labels an authorization that ended without timely completion.
Meaning limits
By itself, this status does not say why the payment was not completed before the approval ran out.
Examples
“When the merchant finally submitted the card payment after the original hold had timed out, it came back authorization expired.”
“After several days of delay, the unfinished card payment was marked authorization expired by the issuer.”