Quick meaning
A regular automatic payment charged at set intervals, like a monthly subscription.
Think of it like this
Like a standing order that pays a bill automatically each month.
Where you may see this
You may see this in banking apps, checkout screens, delivery updates, and digital payment instructions.
Why it matters
Knowing the term helps you pay safely, understand what a screen is asking for, and avoid costly mistakes.
Say it simply
Recurring Payment means: A regular automatic payment charged at set intervals, like a monthly subscription.