Recurring Transaction
Merchant Account Glossary
R
Recurring Transaction
A recurring transaction is a transaction charged to a cardholder by a merchant on a periodic basis (I.E. weekly, monthly, etc.) as payment for products or services.
The information provided on Merchantcouncil.org is meant for informational purposes only and is posted without warranty. It does not replace or amend any information or guidelines set forth by card brands. Merchantcouncil.org does not provide electronic processing services. Please see our full terms of use.
Copyright © 2004-2010 MerchantCouncil.org. All Rights Reserved.

Join Newsletter