Glossary

Recurring payments

Recurring payments is a type of payment in which a regular service fee is charged from the user’s account. Depending on the type of payment, funds are debited weekly, monthly or annually. Payment processors can also set up individual plans.
To obtain permission, the user must go through the verification process only once. Thereafter, payments will be charged without confirmation until the user turns them off on their own.
If the card does not have the required amount for debiting, a second attempt will be made in a few days.

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