The most convenient way to make recurring payments is through a payment service provider. As a one-stop global digital payment solutions provider, Oceanpayment helps merchants collect and process recurring payments, maintain payments securely and deposit funds into merchants’ business accounts.
Here are the main procedure in processing recurring payments:
When the product purchased by the cardholder needs to be paid continuously, the cardholder pays through Oceanpayment on the website/APP for the first time, and successfully creates a Token for this credit card; when the renewal time expires, the cardholder initiates a payment through the Token Transactions where the cardholder is not present.
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