Recurring billing or subscription payments describes a business model where customers are charged regular, automated payments for continued access to a service or product. Customers provide their payment information during the initial purchase, and are then placed on a predetermined, automatic payment schedule. This payment model has become extremely popular due to its convenience. If your business offers recurring payments, it is essential to partner with a payment processor, like Global Instant Merchants, that is fully equipped to handle these types of automatic transactions.

You should specifically look for processors that not only manage recurring payments efficiently but also have specialized systems and software in place to streamline the entire process. Furthermore, it is crucial to find a processor that securely accepts multiple payment methods—such as credit cards and ACH debit payments—and offers transparent, competitive monthly fees.