Recurring Subscriptions

Recurring subscriptions refer to a payment model where customers are charged periodically for a product or service on an ongoing basis. This model is commonly used by businesses offering subscription-based services such as streaming platforms, software-as-a-service (SaaS) providers, and membership-based organizations. Recurring subscriptions provide convenience for customers as they don’t have to manually renew their subscriptions each time, and businesses benefit from predictable revenue streams. This payment model has gained popularity in recent years due to the rise of digital services and the increasing demand for subscription-based products.