A clear permission for account access
Account Holders Consent is a person’s explicit agreement that lets a business, bank, or app access, use, or share their account information or approve a specific transaction. It can authorize a single payment or permit ongoing data sharing and recurring transfers. Organizations must tell people what they will do with the data, how long access lasts, and how to withdraw permission.
How to collect and manage consent
Ask for consent in plain language, show the scope and duration, and save each approval with a timestamp. Keep consent records secure and give people a simple way to change or revoke choices. Clear notices and auditable logs reduce disputes and help you meet legal and regulatory obligations.
Need to add consent to your flows?
Add a short checkbox or an in-app prompt, log the response, and show a revoke link in account settings. Those steps build trust and lower compliance risk.
Request account holder consent through your sign-up flow or account settings to protect customers and reduce disputes. Learn more about requesting account holder consent.
Related terms
- Explicit consent
- Revocation of consent
- Third-party data access
- Transaction authorization
- Data retention policy