What is a recurring payment?

Recurring payments

With recurring payments, shoppers can save their payment details. This way, they don’t need to provide their information again for future transactions. 

Benefits

  • Process subscription payments.
  • Allow automatic top-ups to shopper accounts.
  • Give your shoppers a faster checkout experience.

What does the process look like?

  1. The shopper agrees to let their payment details be saved  (tokenized). For some payment methods (credit/debit cards, PayPal, Klarna), tokenization can be done without charging the shopper. For other payment methods, a designated minimum amount needs to be used. 
  2. The tokenized payment details can be used for a recurring payment. In the case of subscription payments and automatic top-ups, this transaction is initiated by you (the merchant). In the case of one-off transactions, the shopper will be present.
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