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It states that the cardholder agrees to the charges set forth by the merchant. You can use credit card authorization forms as documented proof to validate credit card transactions and protect your business from fraud and chargeback claims.
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It's simple: A credit card authorization form typically includes the following general information to ensure a smooth transaction process: Cardholder's name. Card number. Card network. Credit card expiration date. Billing address. Contact information. Authorized amount. Cardholder's signature.
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A credit card authorization form is a document, signed by a cardholder, that grants a merchant permission to charge their credit card for recurring payments during a period of time as written in that document.