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Authorisation To Keep Credit Card On File for the United Kingdom

Authorisation To Keep Credit Card On File Template for England and Wales

This document is a formal authorization agreement governed by English and Welsh law that allows businesses to securely store customers' credit card information for future transactions. It complies with UK GDPR, Data Protection Act 2018, and PCI DSS requirements, providing a legal framework for the storage and processing of payment card data. The document outlines security measures, data protection protocols, and the rights and obligations of both the business and the cardholder.

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Authorisation To Keep Credit Card On File

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What is a Authorisation To Keep Credit Card On File?

The Authorisation To Keep Credit Card On File is essential for businesses that process recurring payments or need to store payment information for customer convenience. This document, governed by English and Welsh law, ensures compliance with data protection regulations and industry security standards while providing clear terms for both parties. It addresses key aspects such as data security, storage duration, usage limitations, and customer rights, making it particularly relevant in today's digital commerce environment where secure payment processing is crucial.

What sections should be included in a Authorisation To Keep Credit Card On File?

1. Card Holder Information: Customer's name and contact details, including business name if applicable

2. Authorization Statement: Clear and explicit consent statement for storing card details in compliance with UK GDPR

3. Purpose of Storage: Detailed explanation of why card details are being stored and how they will be used

4. Security Measures: Overview of security protocols and PCI DSS compliance measures

5. Duration and Renewal: Period of validity for the authorization and renewal process

6. Revocation Rights: Process and rights for withdrawing authorization and requesting deletion of stored data

What sections are optional to include in a Authorisation To Keep Credit Card On File?

1. Recurring Payment Terms: Additional terms and conditions for recurring payment arrangements, including frequency and amount specifications

2. Multiple Card Storage: Terms governing the storage and management of multiple payment methods

3. Business Terms: Specific provisions applicable to business cardholders, including additional authorizations and warranties

What schedules should be included in a Authorisation To Keep Credit Card On File?

1. Privacy Notice: Detailed information about data processing, protection measures, and data subject rights under UK GDPR

2. Card Information Form: Secure form template for capturing card details in compliance with PCI DSS requirements

3. Security Protocol Summary: Non-technical overview of security measures and data protection protocols

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Authorization Form

Sector

Banking

Cost

Free to use
Relevant legal definitions
























Clauses
























Industries

Data Protection Act 2018: UK's primary data protection legislation that implements UK GDPR requirements, regulates personal data processing, establishes data subject rights, and sets security requirements for data handlers

UK General Data Protection Regulation (UK GDPR): Establishes core principles for data processing, legal bases for processing, data minimization requirements, storage limitation rules, and security requirements for personal data protection in the UK

Payment Services Regulations 2017: UK implementation of PSD2, regulating payment services and establishing security standards for payment processing and financial transactions

Payment Card Industry Data Security Standard (PCI DSS): Mandatory security standards for organizations handling credit card information, including specific requirements for storing card data and security protocols

Consumer Rights Act 2015: Legislation establishing consumer protection provisions and requirements for fair terms and transparency in consumer contracts

Electronic Commerce (EC Directive) Regulations 2002: Regulations governing electronic contracts and establishing information provision obligations for online transactions

Financial Services and Markets Act 2000: Foundational regulatory framework for financial services in the UK, including security and consumer protection requirements for financial transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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