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One-time payment scheduled for execution in the future. A Future Dated Payment (FDP) is initiated by a TPP from a payment account held at the LFI with the explicit consent of the User. The payment is initiated by the LFI on the date scheduled by the TPP. The TPP acquires explicit consent from the User for a single-use access to the User’s payment account. The User MUST authenticate with the LFI and authorize the single-use consent. The payment related to the authorized consent, is warehoused by the LFI and is initiated by LFI on the day it is due, as per the authorized consent.This use case
The FDP scope is targeted to domestic payee accounts (i.e. payee accounts offered by LFIs located in UAE) and payments in local currency as used by the local payment systems infrastructure for domestic payments.
This funtionality requires a Single-Use Consent. The consent parameter type for this capability is Single Future Dated Payment Consent, which MUST be used for a single payment which will be initiated by the LFI in the future after User authorization at the LFI.
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