Recurring Payment definition

Recurring Payment means a Scheduled Payment that results in a series of payments delivered to the Payee at regular intervals per your instructions, and shall continue to do so until you cancel it or until the maximum number of payments and/or final payment date that you specified is reached.
Recurring Payment means a payment under an arrangement where Client provides us with an authorization for a third party to collect a series of payments from the Card of Client or to execute transfers from Client’s Account according to a Standing order;
Recurring Payment means a regular payment that is automatically made during recurring intervals permitted by the Service based on a recurring Transmit Date.

Examples of Recurring Payment in a sentence

  • An Automatic Recurring Payment will be sent on the preceding Business Day if the regular payment date falls on a day other than a Business Day.


More Definitions of Recurring Payment

Recurring Payment means payments of a fixed amount designated by you to a Xxxxxx designated by you made on a regular time interval or payments of varying amounts made upon receipt of an electronic xxxx.
Recurring Payment has the meaning given in section 3.10.
Recurring Payment means a regular Payment that is automatically made during recurring intervals permitted by an applicable Service based on a recurring Transmit Date.
Recurring Payment has the meaning given in this Agreement.
Recurring Payment means a payment which occurs when you have provided your Credit or Debit Card details (including your card number, expiry date and security code) to allow a Merchant to charge your Card regularly to pay for the services they provide you.
Recurring Payment means a regular payment that you have authorised a third party (this includes a person, company or merchant) to charge your 16-digit Debit Mastercard®, Visa Debit card, or Handycard number.
Recurring Payment means an arrangement in which a Cardholder pre-authorised the Merchant to charge the Cardholder’s Card account at a predetermined interval, the amounts of which need not be the same for each Transaction.