Recurring Payments
Get paid on time, every time with recurring payments
Recurring Payment
Getting to Know About a Recurring Payment
When you set up a recurring payment with Freedom Processing’s Virtual Terminal, you can easily and securely process automatic recurring and card-on-file payments. This is ideal for service or subscription-based businesses that want to accelerate cash flow and free up staff time. Sending invoices and waiting for customers to pay will soon sound as outdated as waiting for dial-up internet.
You can manage payment plans and access customer card data without fear of adding security risks or PCI requirements. We store and protect the sensitive data so that you don’t have to.
Inside Recurring Payments
Secure Processing
With Freedom Processing’s Recurring Payment solution, sensitive card data is stored within Freedom Processing’s token vault. It replaces sensitive info with a unique placeholder that allows businesses to process recurring payments without actually handling sensitive card data. this means there are fewer PCI rules for you to follow.
Clearent’s Virtual Terminal
Accept and manage a recurring payment with Freedom Processing’s Virtual Terminal. With it, you can turn any web-connected device into a mobile, user-friendly credit card machine. You can set up the dollar amount and frequency of customers’ recurring payments.
Reduce Card Declines
Reduce card declines with daily, automatic card updates. Account Updater is an optional feature that automatically updates new card information from Visa and Mastercard every day, reducing your business’ chances of experiencing a card decline on a recurring sale.
Understandable Monthly Statements
If your current merchant statement seems vague, you could be missing out on how much you’re actually paying. We believe that vague = misleading. That’s why we keep our statements simple and clear. We don’t believe in hidden fees or pricing tricks, and our merchant statement proves it.