Recurring Billing can be extremely beneficial for billers as well as customers due to its simplification of the payment process, ameliorating the payment experience and eliminating hurdles to on time payments. The number of consumers deploying recurring payments option to enable them to stay abreast with their bills is growing by leaps and bounds. There has been a significant increase in the amount paid through recurring payment over the past few years.
A large share of the consumers worldwide has signed up for a recurring payment plan for a...