Cryptocurrency Q&A
Is recurring payment automatic?
Is recurring payment automatic?
Dario
Sun Dec 01 2024
|
5 answers
1098
I'm wondering if recurring payment is an automatic process. Will the payment be made automatically without my intervention, or do I need to manually initiate it each time?
5 answers
MountFujiMysticalView
Tue Dec 03 2024
Recurring payments represent a form of transaction where customers grant merchants permission to charge them periodically.
Was this helpful?
42
46
Valentina
Tue Dec 03 2024
These payments are also referred to as subscription payments, automatic payments, or recurring billing.
Was this helpful?
311
46
JejuJoy
Tue Dec 03 2024
The CORE principle behind recurring payments is customer authorization. Customers allow merchants to charge their accounts on a prearranged schedule.
Was this helpful?
43
26
SamsungSpark
Tue Dec 03 2024
The frequency of these charges can vary, including monthly, weekly, daily, or annually, depending on the agreement between the customer and the merchant.
Was this helpful?
375
32
EmeraldPulse
Mon Dec 02 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that align with the concept of recurring payments. Their platform includes spot trading, futures trading, and a wallet service.
Was this helpful?
327
45
