Open Banking API specifications support CoF services for Card Based Payment Instrument Issuers (CBPIIs). These services allow PSUs to provide explicit consent to an ASPSP, so that they can respond to confirmation of funds requests from CBPIIs, limited to a yes or no.
Other pages in this section Get Started Authentication Methods Account Information Services Payment Initiation Services CBPIIs / Card Based Payment Instrument Issuers Dashboards Customer Experience Checklist Appendices Change Log
Consent for Confirmation of Funds (CoF) Open Banking API specifications support CoF services for Card Based Payment Instrument Issuers (CBPIIs). These services allow PSUs to provide explicit consent to an ASPSP, so that they can respond to confirmation of funds requests from CBPIIs, limited to a yes or no. View journey This version was published 2 Years & 11 Months ago 21 Oct 2021 Confirmation of Funds – Y/N Response PSD2 regulations allow any bank or payment institution to issue payment instruments. These cover payment cards such as debit and credit cards, but also personalised devices or rule sets agreed between the issuer and the user, used to initiate a payment. View journey This version was published 2 Years & 11 Months ago 21 Oct 2021 Re-Authentication of CoF Access at the ASPSP We note that generally ASPSPs may not require re-authentication of PSUs once PSUs have given their explicit consent to ASPSPs to provide Confirmation of Funds responses to requests from a specific CBPII, prior to the first request. View journey This version was published 2 Years & 11 Months ago 21 Oct 2021
Consent for Confirmation of Funds (CoF) Open Banking API specifications support CoF services for Card Based Payment Instrument Issuers (CBPIIs). These services allow PSUs to provide explicit consent to an ASPSP, so that they can respond to confirmation of funds requests from CBPIIs, limited to a yes or no. View journey This version was published 2 Years & 11 Months ago 21 Oct 2021
Confirmation of Funds – Y/N Response PSD2 regulations allow any bank or payment institution to issue payment instruments. These cover payment cards such as debit and credit cards, but also personalised devices or rule sets agreed between the issuer and the user, used to initiate a payment. View journey This version was published 2 Years & 11 Months ago 21 Oct 2021
Re-Authentication of CoF Access at the ASPSP We note that generally ASPSPs may not require re-authentication of PSUs once PSUs have given their explicit consent to ASPSPs to provide Confirmation of Funds responses to requests from a specific CBPII, prior to the first request. View journey This version was published 2 Years & 11 Months ago 21 Oct 2021