Recurring payments are scheduled payments to pay for products or services that require payments on a regular basis. For example, a cardholder paying an on-demand movie or music streaming provider's subcription fee either weekly, monthly or annually.
How this works
FCMB allows you to securely store your customers payment details which allows you to offer subscription payments and automatic charges on the customers account and give your shoppers a faster checkout experience by using their stored card details.
Stored payment details are reffered to as tokens and storing the payment details is reffered to as tokenization
