ID	UC007
Use Case	(Variable) Recurring Payments
Description	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.
Benefits	More convenience in payments journey and reduce fees for merchants.
Industry	Banking
Category	Service Initiation
Consumer
SME
Corporate
API Functionality	Consents GET /payment-consents/{ConsentId} GET /payment-consents/{ConsentId}/refund GET /payment-consents PATCH /payment-consents/{ConsentId} Payments POST /payments GET /payments/{PaymentId} GET /payments

Benchmarking

Location	Type of Use Case	Reference Players

Open Finance UAE