Recurring Payment

Example of use cases

Insurance premiums
Subscription based services (Entertainment such as video/audio streaming)
Monthly fees for internet service provider or telcos
Membership fees
Tuition fees for educational organisations
Rental or utility bill payment
Uber-like charging model for public transportation services
Invisible payment for cashierless store or automated self-checkout counter

How Recurring Payment works?

Due to the first transaction was conducted via the Internet as a 3D-secure or attempted authentication, chargeback protection applies to the original electronic commerce transaction. For the subsequent Recurring Transactions, chargeback provisions applicable to Recurring Transactions apply; 3D-secure chargeback protection does not apply.

How does the installment work?