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credit cards faq/glossary
The most common questions asked about Credits Cards.
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Credit Card Glossary
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Recurring billing
definition
What does Recurring Billing mean?

Recurring billing is an automated type of billing, by which the cardholder gives authorization to the service provider to periodically charge him for the services/goods provided. Many merchants and service provider choose recurring billing as their number one option, as it saves time and extra expenses for both him and the customer; thus payment collection is realized on an automated basis. Recurring billing can be an option even where online transactions are being involved, so that if you run a business you can offer the choice of recurring billing for your customers.
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