A regular payment (other than a direct debit or standing order) collected from a customer's card account by an originator, in line with the customer's instruction. Recurring transactions are not covered by the Direct Debit Guarantee.
A credit card transaction, which has been permitted by a customer, that is periodically charged to the customer's account. . (i.e. weekly, monthly, quarterly).
a transaction processed to an ANZ card account by a merchant (retailer or service provider) on a regular basis under an authority given by the relevant account holder or additional cardholder (eg