Non-Recurring Payments

Non-recurring payments refer to one-time or irregular financial transactions that do not occur on a regular basis. These payments are typically made for specific purposes or events, such as purchasing a product or service, settling a debt, or making a donation. Unlike recurring payments, which are scheduled and repeated at regular intervals, non-recurring payments are not ongoing and do not require continuous authorization. Examples of non-recurring payments include one-time online purchases, utility bill payments, and one-off contributions to a charity.