Recurrent Credit Card Payments
We now implement Recurrent Credit Card Payments via Realex Payments, this is used for subscription based services. The advantages of this method over other generic models is
- Credit card numbers are never stored on your website or another server
- A recurrent billing token is stored and can only be activated from a set ip and domain
- Money remits into your bank account at midnightthe day of the recurrent billing
- Now you can accept payments for big ticket items spread out over a set number of payments and therefore establish the bone fide of the shopper before you ship the product
- Ideal for subscriptions, installment payments.
