Continuous payment authority

Banking competition - open banking - payments - debit cards - credit cards.

(CPA).

A continuous payment authority (CPA) is a type of recurring payment that a merchant sets up on a customer’s card account using their debit or credit card details.

As part of this process, the merchant should get the customer’s permission (‘standing authority’) to take payments as and when they’re due.

(Source - UK Financial Ombudsman Service.)

See also

• Competition & Markets Authority (CMA)
• Credit card
• Debit card
• Direct debit
• Disruptor
• Financial Conduct Authority (FCA)
• Financial Ombudsman Service
• Fintech
• HM Treasury (HMT)
• Joint Regulatory Oversight Committee (JROC)
• Merchant
• Open banking
• Open Banking
• Open banking APIs
• Open Banking Implementation Entity (OBIE)
• Open finance
• Payment Systems Regulator (PSR)
• Standing order
• Variable recurring payment (VRP)

Other resource

• Financial Ombudsman Service - Complaints we deal with - Continuous payment authorities