Meaning Recurring transaction
What does Recurring transaction mean? Here you find 5 meanings of the word Recurring transaction. You can also add a definition of Recurring transaction yourself

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Recurring transaction


A credit card transaction permitted by a customer that is periodically charged to the customer's account on a weekly, monthly, or quarterly basis.
Source: ecommerce.wsu.edu

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Recurring transaction


A transaction charged to the cardholder (with prior permission) on a periodic basis for recurring goods and services, i.e., health club memberships, book-of-the-month clubs, etc.
Source: eftlab.co.uk (offline)

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Recurring transaction


A transaction, for which permission has been granted by a Car dholder to a merchant, that is charged at a specified interval to the Cardholder's account.
Source: bankingglossary.bankingonly.com (offline)

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Recurring transaction


A transaction charged to a cardholder's account (with prior permission) on a periodic basis for recurring goods and services, i.e., health club memberships.
Source: chasepaymentech.com

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Recurring transaction


A particular type of transaction where the customer has authorised repeat debits to be taken from their credit card. To process these transactions, you will need a recurring transaction capable mercha [..]
Source: mastercard.com




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