In plain English
This means the payment has already been approved, but the money has not been moved on for final collection yet. The authorized amount is still waiting to be collected for settlement.
In context
Here, it labels a card payment as authorized but not yet collected for settlement.
- Situation
- Reading card, bank, wallet, authorization, decline, pending, and settlement states
- What it communicates
- labels an authorized card payment without a capture step shown yet.
Meaning limits
By itself, this status does not say why collection for settlement has not yet occurred.
Examples
“The card payment was approved at the till but was still not captured when the shop checked its evening settlements.”
“By morning, the clerk found one card payment still not captured.”