Recurring Payments

Introduction to Recurring Payment

Powertranz provides merchants with a flexible recurring payments option whereby they can initiate a scheduled customer payment through our gateway.  This service is ideal for subscription based merchants or those with cyclical billing needs such as clubs and memberships, online magazines, digital content providers, donations, management tools, property rentals, professional associations, utility billing companies, ISP and hosting services, software upgrades and online community portals. 

Powertranz stores credit card information via a unique token and automatically handles the billing cycle according to merchant requirements. The merchant initiates a payment with a static value and all subsequent payments are handled by Powertranz. Payments can be set up to run based on the merchant’s payment schedule — daily, weekly, bi-weekly, monthly, annually. Scheduled payments can be viewed and managed through the Powertranz portal. 

Features