Brendan Burgess
Founder
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No. I was not asked to verify it. Just got the following notice.
My Revolut card has been verified for a transaction I have not authorised
- Thread starter Brendan Burgess
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Brendan Burgess
Founder
- Messages
- 54,989
from: https://help.revolut.com/en-IE/help...with-card-payments/what-is-card-verification/
They also revert back to your account once your card has been verified by the payment processor. You can check the reversal date in-app by tapping the transaction. The reversal date is in the 'Status' section. These transactions will appear as 'Card Verification' in your app.
If there's a duplicate transaction, contact the merchant to resolve it.
This does not describe what happened. I have had card verifications before e.g. when registering to bid at an auction.
Card verification and pre-authorisation
Card verification
When you add a new card to a payment service like PayPal, Google Pay, or Apple Pay, the payment processor may initiate a small transaction to verify your card details. These verification transactions usually charge nothing or a very small amount (a few cents).They also revert back to your account once your card has been verified by the payment processor. You can check the reversal date in-app by tapping the transaction. The reversal date is in the 'Status' section. These transactions will appear as 'Card Verification' in your app.
Pre-authorisation
A pre-authorization is a temporary hold on your card, often used by hotels or car rental companies to ensure sufficient funds. We can’t cancel a pre-authorisation hold from our side. It can only be lifted when the authorization expires or if the merchant releases the funds.If there's a duplicate transaction, contact the merchant to resolve it.
This does not describe what happened. I have had card verifications before e.g. when registering to bid at an auction.
I hear that TCS/Tata are investigating to see if their systems were involved in the hack. Good luck NAERSA......