- Customer-Initiated Transactions with Credentials on File
- Reauthorization Transaction
- Merchant-Initiated Reauthorization Transactions with PAN
- Installment Payments
- Recurring Payments
- Merchant-Initiated Recurring Payments with PAN
- Unscheduled COF Payments
- Merchant-Initiated Unscheduled COF Payments with PAN
On This Page
A standing order payment is a recurring COF transaction that is a variable amount at a
regular interval, such as a utility bill, not to exceed one year between transactions.
The series of recurring payments is the result of an agreement between you and the
customer for the purchase of goods or services that are provided at regular
intervals.