Continuous Payment Authority

A Continuous Payment Authority (CPA) is a type of regular automatic payment where an individual gives a vendor permission to take money from a credit or debit account whenever it is feels it is owed money.[1] They are often used by payday lenders, porn websites and subscription sites.[1] Continuous Payment Authorities should not be confused with direct debit arrangements or standing orders.

See also

References

  1. 1 2 "Continuous payment authority: manage recurring payments". Moneysavingexpert.com. Retrieved 2015-11-23.


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