Meaning Automatic payment
What does Automatic payment mean? Here you find 4 meanings of the word Automatic payment. You can also add a definition of Automatic payment yourself
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Automatic paymentAutomatic payment is a process that authorizes regular withdrawals to be made from checking or other deposit account to pay credit card and other bills.
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Automatic paymentAn arrangement that authorizes payments to be deducted automatically from a bank account (usually a checking account) to pay bills (such as insurance payments, rent, mortgage or loan payments). Payments are usually scheduled to be made on a certain day of the month.
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Automatic paymentAutomated, scheduled payments you authorize to be made directly from your bank account to the payee. Payments are usually made on a scheduled frequency determined by the account holder.
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Automatic paymentAn arrangement that authorizes payments to be deducted automatically from a bank or credit union account to pay bills (such as insurance payments, rent, mortgage or loan payments). Payments are usually scheduled to be made on a certain day of the month.
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