What Is Recurring Payment?

1.	What Is Recurring Payment?
Answer» When Customer pay fixed amount on a REGULAR BASIS to the MERCHANT is know as RECURRING payment. For Example: You buy a HOME and pay some amount on regular basis to bank for x months. When Customer pay fixed amount on a regular basis to the merchant is know as recurring payment. For Example: You buy a home and pay some amount on regular basis to bank for x months.

Answer»

When Customer pay fixed amount on a REGULAR BASIS to the MERCHANT is know as RECURRING payment.

For Example: You buy a HOME and pay some amount on regular basis to bank for x months.

When Customer pay fixed amount on a regular basis to the merchant is know as recurring payment.

For Example: You buy a home and pay some amount on regular basis to bank for x months.

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