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REST API | Visa Platform Connect
Recurring Payments
A recurring payment is a credentials-on-file (COF) transaction in a series of payments
that you bill to a customer at a fixed amount at fixed, regular intervals not to exceed
one year between transactions. The series of recurring payments is the result of an
agreement between you and the customer for the purchase of goods or services that are
provided at regular intervals.
Mastercard uses subscription and standing order payments instead of recurring payments.
See Mastercard Subscription Payments and Mastercard Standing Order Payments.