This occurs when the collection of the Pledge or Recurring Gift occurs in the future, rather than collection being made immediately.

For a future transaction, Online Express validates the credit card details and authorizes them, to ensure they are valid for the date the first collection is due.

For example, a monthly Recurring Gift is being paid by credit card where the form sets the starting on date to the 1st day of the month. The donor completes the form on the 14th of the month therefore the first collection will not be made until the 1st day of the next month, at which time the authorization process has confirmed the validity of the credit card.