Recurring payment: what it is and 14 advantages
Posted: Sun Apr 20, 2025 9:20 am
Recurring payments are a billing model that allows you to automatically bill for services or products at regular intervals. This approach simplifies the payment process, ensuring revenue predictability and building customer loyalty, making it ideal for businesses looking for efficiency and long-lasting relationships.
According to Market.us , a company specializing in market research malta mobile database analysis, the subscription economy is expected to grow from US$487 billion in 2024 to US$2.13 trillion by 2034 — growth driven by a CAGR of 15.9% over the period.
In this scenario, the benefits of recurring payments become increasingly evident, especially in a fast-paced world driven by the search for practicality and convenience.
In this article, you will understand what recurring payments are and discover 15 advantages that make this model a strategic choice for modern businesses.
What is recurring payment?
Recurring payments are a form of automatic billing for ongoing products or services. With a single authorization from the customer, the amount is deducted in defined cycles — usually monthly — without the need to re-make the purchase each period.
It is a model that combines practicality for the consumer and revenue predictability for the business, in addition to reducing default and strengthening customer relationships.
Recurring billing is widely used in various sectors that seek automation and loyalty, such as:
Aesthetics, health and well-being (gyms, clinics, regular consultations)
Education and specialized services (courses, colleges, mentoring, consultancy)
Clubs and product kits (wine subscriptions, makeup, books, magazines)
According to Market.us , a company specializing in market research malta mobile database analysis, the subscription economy is expected to grow from US$487 billion in 2024 to US$2.13 trillion by 2034 — growth driven by a CAGR of 15.9% over the period.
In this scenario, the benefits of recurring payments become increasingly evident, especially in a fast-paced world driven by the search for practicality and convenience.
In this article, you will understand what recurring payments are and discover 15 advantages that make this model a strategic choice for modern businesses.
What is recurring payment?
Recurring payments are a form of automatic billing for ongoing products or services. With a single authorization from the customer, the amount is deducted in defined cycles — usually monthly — without the need to re-make the purchase each period.
It is a model that combines practicality for the consumer and revenue predictability for the business, in addition to reducing default and strengthening customer relationships.
Recurring billing is widely used in various sectors that seek automation and loyalty, such as:
Aesthetics, health and well-being (gyms, clinics, regular consultations)
Education and specialized services (courses, colleges, mentoring, consultancy)
Clubs and product kits (wine subscriptions, makeup, books, magazines)