Card Authorization Policy at the Handango App Marketplace

We get a lot of questions about corporate credit inquiries here at Handango, and because we’re one of the only firms in our industry employing these practices, we wanted to shed some light on the practice and why we as a company decided to put it into effect.

Handango has a wide range of products and services, but chances are you know us for our largest service: the Handango application market. This is where app developers meet potential buyers and can utilize an easy-to-use interface to purchase apps, or download free apps that may come with additional features through in-app-purchases.

When you sign up for an account on Handango, you are required to select a payment method. If you opt in to use your credit card as a payment method, rather than PayPal or Bitcoin, among the other cryptocurrencies we are planning on supporting in the future, we make a small inquiry to your bank requesting information about the cardholder to ensure that you are not a fraudulent user and that your credentials given when signing up are in line with what the bank has its records.

This is a simple process and one that is almost instantaneous: it happens behind the scenes and does not require any effort on your part. If our data matches with what the bank has on file, we approve your account and attach your card to your account as a default payment method. This payment method will be marked as verified, because it has gone through our verification process. Any additional cards that are added to your account after the initial user registration are not immediately verified with the issuing bank, but verification can be requested manually via a support ticket if you need to make purchases of more than $250 with the associated card, in which case verification is required.

There are credit inquiries that lenders make to your bank, but this is a different type of credit inquiry. It’s simply one that allows our developers the peace of mind to continue publishing apps on our store knowing that they are reaching a genuine audience and that the users paying for their apps and additional features that can be enabled through in app purchases are who they say they are.

The reason that this is done and we are one of the first to implement it is because as of late, there has been quite a lot of controversy and potential regulation upcoming regarding in app purchases, and we want to stay ahead of the curve so that in the event that any regulations do come into place, we do not have to pause services to enable this new requirement.