HT201303 Why do I have to put payment verification in for free aps?

Why do I have to put payment verification in for free aps?

You are required to provide credit card details to download apps be it free or paid.
Nothing will be deducted from your credit card if the app is free.
There will be a authorizing hold of US$1.00 to verify your account information. It will be credited back to your account later.

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