Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 851)
851.
Who has launched a recurring payment service for merchants?
PayPal
Google Pay
Paytm
Chase Bank
Answer: Option
Explanation:
Paytm has launched a recurring payment service for merchants that are working on a digital subscription model. The move will allow the subscription-based businesses to collect payments from their subscribers effortlessly. Recurring payments are an automatic payment system wherein the merchants automatically charge their customers for a specified service on a pre-arranged schedule.
Discussion:
3 comments Page 1 of 1.

Rajan Chaudhary said:   6 years ago
What do you mean by SBB subscription-based business and how it would work for merchant please elaborate it and clarify it?

Rajan Chaudhary said:   6 years ago
And what is recurring payment?

Vishesh said:   6 years ago
Recurring payments are an automatic payment system wherein the merchants automatically charge their customers for a specified service on a pre-arranged schedule.

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