Recurring payment

A recurring payment is one charge in a series. The customer authorizes it once, usually at checkout, and the card, wallet or bank account is stored securely by the payment provider (not by the store) as a token that can be charged again later. What can go wrong: cards expire, get replaced or hit their limit. When that happens the recurring payment fails, and the subscription is at risk of involuntary churn. Smart retries and friendly reminders with an easy way to update the card recover many of these payments. Chargezen's failed payment recovery uses smart retries and reminders with a one-tap link to update the card.