Recurring Billing

Recurring billing is a financial transaction process where a merchant automatically charges a customer's credit card for goods or services on a prearranged schedule. This type of billing is especially prevalent in subscription-based business models, including services such as streaming media platforms, online software subscriptions, gym memberships, and other periodical services that require regular payments.

Essential Features of Recurring Billing Include:

Recurring billing facilitates a seamless transaction experience for both customers and merchants, ensuring consistent revenue for businesses while providing uninterrupted access to products or services for customers. It's a cornerstone of modern business operations where long-term customer relationships are critical, particularly in digital and subscription-based markets.