What is recurring billing?
"Set it and forget it" is the common slogan for recurring payments. Input your customer's information, define the payment schedule, and you're done! The system handles the rest.
Recurring billing is an automated way to bill a credit card or bank account, based on a timeframe you set. The most common form of recurring billing is monthly, but most systems capable of recurring billing will provide more options, such as daily, weekly, bi-weekly and more.
Setting up a recurring payment is easy. As the merchant, all you need is:
The customer's credit card number, expiration date, and AVS information
The amount you wish to charge the customer every iteration, and the frequency (for example, $100/per month, for 8 months)
The customer's email address
The system will first prompt you to create a customer profile for your customer, where you can save their name, address info, and card number. Then, you'll create a "recurring schedule" where you tell the system what day of the month you'd like to charge your customer's card, the dollar value, and how many iterations you'd like to charge! (You can choose to charge "indefinitely" and the payments will continue until you cancel them).
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AND is dedicated to getting your processing rates as close to zero as possible. We utilize membership pricing along with cash discounting and surcharging programs to maximize savings. Let our analysts review your statements and see how much money we can put back in your pockets.