Recurring Payment lets a customer set up a single consent for a defined series of payments from their bank account. They approve the beneficiary, the amount or permitted values, the schedule, and how long the consent lasts, then payments are initiated on those terms. Bancify never holds the money; the banks and payment systems execute the transactions. Designed for the UAE Open Finance Framework.

A card asks for permission every time and breaks the moment it expires. Recurring Payment sets up a single consent instead. The customer approves the account, beneficiary, amount, schedule, and consent period up front, and payments are then initiated on those approved terms. It runs on the same UAE Open Finance rail behind Instant Payment, set to repeat within clear limits. The consent is valid for up to 12 months, and the customer can cancel it at any time.
One consent, everyday jobs: rent, recurring plans, and regular bills. Scheduled loan, insurance, and service payments are supported where the standards and consent model allow.
Rent is initiated from the tenant’s account on the due date, without the monthly chase.
Set up the recurring consent once when the tenant signs. The tenant approves the amount, the schedule, and how long the consent lasts, and each month’s payment is initiated from their account on the due date. You get a clear record of every cycle, and the tenant keeps full control to cancel at any time.
A single consent that carries across cycles, so there are no card details to expire.
Charge monthly or annual plans directly from the customer’s account, on a recurring consent they approved. There is no card to store, and every payment is logged with its own reference. Because a recurring consent lasts up to 12 months, the customer renews it before it expires to keep the plan going.
Utilities and repeat bills initiated on their due date, straight from the account.
Set up recurring consent for electricity, water, telecom, and other regular bills, so each one is initiated from the account on its due date without logging in to pay. Every cycle is recorded, and the customer can review the arrangement or cancel it at any time.
Choose the beneficiary, the amount or permitted values, the schedule, and the consent duration.
The customer reviews it, approves, and authenticates with their bank. Consent lasts up to 12 months.
Payments are initiated on the approved dates, within the approved parameters.
The customer can view the arrangement and withdraw consent at any time, and renews it before it expires to continue.
Each payment is initiated on the approved terms. Completion is not guaranteed, as funds availability, bank controls, and payment-system availability still apply.
A single consent covers a clearly defined series of payments.
Amount, beneficiary, schedule, and validity are all approved up front.
View, renew, or withdraw at any time. A consent is valid for up to 12 months.
Bancify initiates on the approved terms and never holds or moves the money.
Track upcoming payments and active permissions in one place.
Recurring Payment is designed for the Central Bank of the UAE (CBUAE) Open Finance Framework. Every arrangement runs on the customer’s explicit consent, valid for up to 12 months and withdrawable at any time with no more effort than setting it up. Your bank authenticates you, Bancify never sees your PIN or password, and no funds pass through Bancify. Production availability is subject to CBUAE authorisation, certification, and participating-bank support.
Explicit approval of amount, beneficiary, schedule, and validity, revocable at any time.
A recurring consent lasts up to 12 months; a new consent is needed to continue.
Bancify initiates within the approved terms; banks and payment systems execute and settle.
Aligned with CBUAE Open Finance Regulation (Circular 03/2025) · Recurring Service Initiation · Subject to authorisation & certification
Collect rent, utilities, and repeat bills from the account, on the customer’s consent.
Bill recurring plans from the account, with no stored card details.
Embed consent-based recurring payments, with the customer controls built in.
Tell us what you need to collect, whether that is rent, subscriptions, or recurring bills, and we’ll show you the path to set it up on consent.