Recurring Payments

A recurring payment is a credentials-on-file (COF) transaction in a series of payments that you bill to a customer at a fixed amount, regular intervals not to exceed one year between transactions. The series of recurring payments is the result of an agreement between you and the customer for the purchase of goods or services that are provided at regular intervals.
Mastercard uses subscription and standing order payments instead of recurring payments. See Mastercard Subscription Payments and Mastercard Standing Order Payments.

Recurring Billing Service for Recurring Payments

Do not use this document if you are using the Recurring Billing service. When using the Recurring Billing service,
saves and stores payment credentials for recurring transactions, ensuring compliance with COF best practices.
For more information on Recurring Billing, see .
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