payment authority

This related to a continuous payment authority, or recurring transaction, on a closed Visa account.

Kosovo's banking and payments authority report for 2004 states that the economy has been disinvesting since 2000, despite substantial international aid.

The cards may be "recharged" in person from numerous sales points, by recurring payment authority or by online purchase.

What Sarah did not realise was that when her son opened his account with Wonga, he had agreed to something called a continuous payment authority.

By December 2001, about 100 million euro in cash was frontloaded to the Banking and Payments Authority of Kosovo.

This includes the use of "continuous payment authority" which gives the payday loan company the right to keep taking repayments, even if a customer's bank account is overdrawn.

The cards may be "recharged" by recurring payment authority, by online purchase, at credit card terminals or by cash, the last two methods at stations or ticket offices.

The Banking and Payment Authorities of Kosovo (BPK) planned to establish an Interbank Payment System since November 2000.

Cates is also very concerned about the use of continuous payment authorities (CPA), which enable short-term lenders to collect money irrespective of the borrower's wishes or ability to pay.

My father had cancelled his credit card some months before his death and so no longer wanted the CPP card protection, for which he had been buying three-yearly cover via a continuous payment authority.

It is unthinkable that a common policy such as the CAP should be handled like a collection of fifteen national policies or, even worse, like a pile of unconnected invoices from 80 or 90 national payment authorities.

The German Central Bank is perfectly aware of this information and of this situation, and the Kosovo bank and payment authority, the German Central Bank and the Austrian Central Bank are currently in contact in order to seek a solution to the problem.