Authorization and Clearing

In this integration mode, you integrate closer to the card network lifecycle.

What you build

• Real-time authorization: Open Fabric forwards authorization requests to you; you approve/decline with sub-second latency.
  • See Authorization messages
• Reversal notifications: Open Fabric notifies you when previously approved authorizations are reversed.
  • See Reversal notifications
• Clearing (batch): You download clearing reports multiple times per day and apply the corresponding financial operations for your customer ledger and settlement accounts.
  • See Clearing operations
• Settlement: You receive end-of-day settlement. Open Fabric provides settlement reports to reconcile your settled funds against authorization messages and clearing files.
  • See Settlement

When to choose this mode

• You want an integration similar to how the card networks operate (for example, because you already work with card networks or an issuer processor).
• Your system is designed with batch clearing in mind.