Payment Gateway Integration is very much beneficial for businesses now a days as it has certain features than can help you grow your business. In this blog lets discuss about these features and how it can benefit you.
Recurring payments are the repeated payments, you are charged automatically for the products or services you are subscribed to and charged on a fixed interval.
Money is simply a medium of exchange as well as a store of value. when it comes to know how the payment system changed its face from past to present I would like to share some important points which need to be noticed.
In a recurring payment model, the service providers deduct the purchase amount from the buyer's account at regular interval which is set up automatically. There are multiple recurring payment businesses, some use an invoice method wherein a payment is automatically deducted against an invoice and others use Subscription Model business…