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1. Parties: Identification of the cardholder (authorizer), the authorized third party, and the merchant/service provider
2. Card Information: Secure section containing the masked credit card details, including card type, last 4 digits, expiration date
3. Authorization Grant: Clear statement of authorization being granted, specifying the scope and nature of the permission
4. Transaction Details: Specific information about the authorized transaction(s), including maximum amount, purpose, and frequency
5. Security Measures: Outline of security protocols and measures to protect card information
6. Duration: Validity period of the authorization, including start and end dates
7. Termination Rights: Conditions and process for revoking the authorization
8. Declarations: Statements confirming the authority to grant authorization and authenticity of information provided
9. Signature Block: Space for signatures, dates, and witness details if required
1. Recurring Payment Terms: Additional terms specific to recurring payment arrangements, used when authorization is for regular, repeated transactions
2. Multiple Cardholder Provisions: Additional provisions when multiple cardholders are involved in the authorization
3. International Transaction Terms: Specific terms for cross-border transactions, including currency conversion and international fees
4. Emergency Contact Information: Alternative contact details for urgent situations, particularly useful for long-term authorizations
5. Modification Terms: Procedures for modifying the authorization terms, used in long-term or complex arrangements
1. Schedule A - Verification Documents: Copies of required identification documents from both parties
2. Schedule B - Transaction Schedule: Detailed breakdown of planned transactions if multiple or recurring payments are involved
3. Appendix 1 - Contact Details: Complete contact information for all parties involved, including emergency contacts
Retail
Healthcare
Education
Travel and Hospitality
Professional Services
Real Estate
Insurance
Telecommunications
Subscription Services
E-commerce
Financial Services
Business Services
Finance
Accounts Payable
Legal
Compliance
Administration
Procurement
Operations
Risk Management
Treasury
Customer Service
Finance Manager
Accounts Payable Specialist
Procurement Officer
Compliance Officer
Legal Counsel
Administrative Manager
Business Owner
Financial Controller
Operations Manager
Risk Manager
Treasury Manager
Credit Controller
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