UC007

(Variable) Recurring Payments

Mechanism that enables consumers to authorize third parties to initiate payments of a fixed or variable amount from their bank account on a recurring basis.

Includes: Fixed Recurring Payments; Variable Recurring Payments; Interim Accounts; Top Up, and Part Pay.

More convenience in payments journey and reduce fees for merchants.

Banking

Service Initiation

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Key APIs

Payment InitiationConsents

• GET /payment-consents/{ConsentId}

• GET /payment-consents/refundsPOST {ConsentId}/refund

• GET /payment-consents/file

• PATCH /payment-consents

Payment Instruction

• GET /{ConsentId}

Payments

• POST /paymentsPOST

• GET /payments/{PaymentId}

• HEAD GET /payments