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I am using Stripe payment gateway in my project (App.net). I want to implement automatically recurring payment (customers are automatically charged monthly on a particular date).
How can I implement this? Does Stripe support recurring payments?
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Stripe handles recurring charges for you automatically. This includes: Automatically invoicing customers and attempting payments when new billing cycles start. When payments fail, Stripe retries them using the Smart Retries feature.
Recurring payments are collected automatically from customers' bank accounts via their payment cards or through other methods like ACH and Direct Debit fund transfer. To accept these payments, the business must have a merchant account and a payment service provider.
Stripe will automatically send invoices to customers according to your subscriptions settings. However, if you'd like to manually send an invoice to your customer out of the normal schedule, you can do so.
Stripe does indeed support recurring payments. You can find details on implementing them in Stripe's Billing quickstart.
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Stripe does support subscriptions via its billing engine. You can implement a subscription, which has a product and a plan. The plan will outline how often the customer is charged (weekly, monthly, yearly or custom). You can also implement 3D secure payments to reduce fraud and increase payment retention. I have set the links below.
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