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What are recurring automated payments?

Frequently Asked Question

Recurring automated payments are payments you set up with a merchant or service provider to pay the merchant monthly, quarterly, weekly, etc.:

  • Landline or mobile phone services
  • Cable or satellite television service
  • Utilities
  • Magazine or music subscriptions
  • Gym membership dues
  • Anti-virus software subscriptions
  • Insurance premiums
  • Security Alarm Service