Recurring card payments is a generic term for a few different payment methods. Subscription billing is when the card holder commits to making regular payments for goods or services. Examples are things like sports clubs, magazine subscriptions, membership of professional bodies, wine clubs, utility bills etc. These types of payments can be taken by standing order but standing orders are inflexible, difficult to manage and present reconciliation issues.
Recurring card payments allows for more flexibility by using automated software that provides management information and reporting functions to assist with reconciling payments received.
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