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.