Commerce Glossary
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What is a Delayed Delivery Transaction?
de - layed de - liv - er - y trans - ac - tion
noun
A transaction in which a buyer does not receive a good or service immediately at the time of purchase.
How Does a Delayed Delivery Transaction Work?
A delayed delivery transaction occurs when a cardholder completes two separate transaction receipts. The first receipt functions as a deposit, such as a down payment, for goods or services. The second receipt is to pay the remaining balance due to the merchant.
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