Third Party Credit Card Authorization Form for Hong Kong

Third Party Credit Card Authorization Form Template for Hong Kong

A comprehensive legal document governed by Hong Kong law that enables a credit card holder to formally authorize a third party to use their credit card for specified transactions or purposes. The form complies with Hong Kong's Personal Data (Privacy) Ordinance and relevant banking regulations, incorporating necessary data protection measures and authorization parameters. It includes detailed sections for cardholder information, authorized party details, specific authorization scope, and required declarations, providing a secure and legally compliant framework for third-party credit card transactions in Hong Kong's jurisdiction.

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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 Hong Kong, adheres to local banking regulations, data privacy laws, and financial security requirements. It's commonly used in recurring payment scenarios, business transactions, or when delegating payment authority to family members or employees. The form includes crucial elements such as cardholder identification, authorized party details, transaction limits, and validity period, while incorporating necessary data protection measures required by Hong Kong's Personal Data (Privacy) Ordinance. This document serves as a legal safeguard for all parties involved, clearly defining the scope and limitations of the authorization while maintaining compliance with Hong Kong's financial regulatory framework.

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

1. Form Title and Date: Clear identification of the document as a Third Party Credit Card Authorization Form with date field

2. Cardholder Information: Details of the credit card owner including full name, contact information, and address

3. Authorized Party Information: Details of the person/entity being authorized to use the card

4. Card Details: Secure section for credit card information including card type, number, expiration date, and security code

5. Authorization Scope: Clear description of what transactions or amounts are being authorized

6. Authorization Period: Specification of the duration for which the authorization is valid

7. Declaration and Consent: Statement confirming the cardholder's authorization and acknowledgment of terms

8. Data Privacy Notice: Statement regarding the collection and use of personal data in compliance with PDPO

9. Signature Block: Space for cardholder's signature and date

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

1. Transaction Limits: Optional section specifying maximum transaction amounts or frequency limits, used when cardholder wants to place specific restrictions

2. Purpose Specification: Detailed description of specific purpose for authorization, used when authorization is for specific types of transactions only

3. Additional Cardholders: Section for multiple card authorizations, used when authorizing multiple cards

4. Electronic Submission Declaration: Additional declarations for electronic submission, used when form will be submitted electronically

5. Company Authorization: Additional section for corporate cards, used when the cardholder is a company representative

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

1. Terms and Conditions: Detailed terms governing the authorization including liability, termination rights, and dispute resolution

2. Privacy Policy: Detailed information about how personal and financial data will be collected, used, and protected

3. Authorized Transaction Types: List of specific transaction types or merchants that are authorized, if applicable

Authors

Alex Denne

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

Jurisdiction

Hong Kong

Publisher

Genie AI

Document Type

Declaration Form

Cost

Free to use
Relevant Industries

Retail

E-commerce

Travel and Hospitality

Healthcare

Education

Professional Services

Financial Services

Insurance

Real Estate

Subscription Services

Entertainment

Transportation

Relevant Teams

Legal

Finance

Compliance

Operations

Customer Service

Risk Management

Administration

Treasury

Accounts Receivable

Corporate Services

Relevant Roles

Finance Manager

Compliance Officer

Legal Counsel

Accounts Receivable Specialist

Credit Controller

Payment Processing Officer

Customer Service Manager

Risk Management Officer

Operations Manager

Administrative Assistant

Corporate Services Manager

Treasury Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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