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Third Party Credit Card Authorization Form for Ireland

Third Party Credit Card Authorization Form Template for Ireland

This document is a standardized form used in Ireland for authorizing a third party to use a credit card holder's card for specified transactions. It complies with Irish financial regulations, the EU General Data Protection Regulation (GDPR), and the Payment Services Directive 2 (PSD2). The form includes comprehensive details about the cardholder, authorized party, permitted usage parameters, and necessary security measures. It incorporates specific Irish legal requirements for financial authorizations while ensuring proper data protection and consumer rights in accordance with both Irish and EU law.

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Third Party Credit Card Authorization Form

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What is a Third Party Credit Card Authorization Form?

The Third Party Credit Card Authorization Form is essential in situations where a cardholder needs to grant permission to another party to use their credit card for specific transactions. This document, designed for use in Ireland, ensures compliance with Irish financial regulations, EU payment services directives, and data protection laws. It's commonly used in various scenarios such as business purchases, recurring payments, or authorized agent transactions. The form includes critical information such as cardholder details, authorized party information, transaction limits, and duration of authorization. It incorporates necessary safeguards required by Irish financial institutions and regulatory bodies, while adhering to GDPR requirements for personal data protection. This document serves as a legally binding authorization while protecting the interests of all parties involved.

What sections should be included in a Third Party Credit Card Authorization Form?

1. Cardholder Information: Complete details of the credit card owner including full name, address, and contact information

2. Authorized Party Information: Details of the person/entity being authorized to use the card, including full name, address, and contact information

3. Card Details: Partial credit card information (last 4 digits only) and card type for verification purposes

4. Authorization Scope: Clear specification of what transactions or amounts the third party is authorized to charge

5. Duration of Authorization: Specific timeframe for which the authorization is valid

6. Data Protection Notice: GDPR-compliant notice about how the information will be collected, used, and protected

7. Declaration and Signature: Formal authorization statement and signature blocks for all parties

What sections are optional to include in a Third Party Credit Card Authorization Form?

1. Transaction Limits: Include when there are specific maximum transaction amounts or frequency limits

2. Multiple Card Authorization: Use when authorizing multiple cards in the same form

3. Recurring Payment Details: Include for recurring payment authorizations with specific payment schedules

4. Special Instructions: Add when there are specific conditions or instructions for card usage

5. Emergency Contact: Optional section for providing alternative contact in case of authorization issues

What schedules should be included in a Third Party Credit Card Authorization Form?

1. Schedule of Authorized Transactions: Detailed list of specific transactions or services that are pre-authorized

2. Identity Verification Documents: Copies of required ID documents from both cardholder and authorized party

3. Terms and Conditions: Detailed terms and conditions including liability limitations and dispute procedures

Authors

Alex Denne

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

Jurisdiction

Ireland

Document Type

Authorization Form

Cost

Free to use
Relevant legal definitions




















Clauses


















Relevant Industries

Retail

Healthcare

Education

Travel and Hospitality

Professional Services

E-commerce

Financial Services

Real Estate

Subscription Services

Corporate Services

Relevant Teams

Finance

Legal

Compliance

Risk Management

Customer Service

Operations

Procurement

Administration

Treasury

Data Protection

Relevant Roles

Finance Manager

Compliance Officer

Accounts Payable Specialist

Credit Controller

Financial Controller

Payment Operations Manager

Risk Manager

Customer Service Manager

Office Administrator

Procurement Manager

Legal Counsel

Data Protection Officer

Treasury Manager

Business Operations Manager

Industries







Teams

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