REST API | Visa Platform Connect

Standing Instructions Transactions

Standing instructions require stored credentials. The stored credentials framework sets standards for the storage and subsequent use of stored customer credentials by merchants. Transactions that use stored customer credentials are called credentials-on-file (COF) transactions.
By following the stored credentials framework, merchants are expected to:
  • Gain greater visibility of transaction risk levels
  • Achieve higher authorization approval rates and completed sales
  • Improve the customer experience
  • Reduce customer complaints
  • Participate in the Real Time Visa Account Updater service
For more information on the stored credentials framework, see Improving Authorization Management for Transactions with Stored Credentials.
Standing instructions include these types of transactions:
  • Merchant initiated unscheduled transactions (UCOF)
  • Installment transactions
  • Recurring transactions
  • Subscription transactions (Mastercard only)
  • Standing order transactions (Mastercard only)
All COF transactions start with customer-initiated transactions during which customers elect to store their credentials for future use.