Content Options:

Content Options

View Options:


You are viewing the version of the document as on 2024-09-10.

continuous payment authority

157consent given by a customer for a firm to make one or more requests to a payment service provider for one or more payments from the customer's payment account161, but excluding:

  1. (a) a direct debit to which the Direct Debit guarantee applies; and
  2. (b) separate consent given by a customer to a firm, following the making of the credit agreement, for the firm to make a single request to a payment service provider for one payment of a specified amount from the customer's payment account161 on the same day as the consent is given or on a specified day.