Schedule Payments Any Number of Ways
A recurring billing transaction is when a cardholder purchases a good or service and pays for the good in fixed installments. Instead of charging one price to the customer, the business will set up fixed payment amounts and a billing schedule for those payments. The interval of time for the billing cycle can vary from daily, weekly, monthly, annually, and many more variations in which the consumer will be charged the same agreed-upon amount each time. The billing will continue until the customer the good or service has been paid for or the contract for the good or service has come to an end.
Access Advanced Analytics
Once a customer has been created on the gateway, there is an entire recurring billing management platform that the merchant can access to manage as few as one customer as a many as an entire portfolio of customers. PrismPay provides the merchant with trend analysis on billing, notifications on card expiration, and complete edit capabilities of a customer’s profile. Sign up now to start with PrismPay today.
Implement a Wide Array of Features
More on Recurring Payments
Make the Most of Your Business with PrismPay
Recurring billing significantly reduces administrative costs by allowing the PrismPay platform to manage all of the payments for you. PrismPay provides multiple ways to engage the customer at the point-of-sale (POS) and with multiple methods for creating recurring billing and subscription signups. Now you can engage your customer on the phone, through your website, or at the POS terminal and collect the customer’s payment information, billing amount, and establish the payment schedule. Sign up now to begin with PrismPay’s recurring billing solutions.