Failsafe Payments adds recurring billing to CertoPay

The system will automatically monitor expiry of the paid period and automatically renew it, charging customers bank card for relevant amount. The internet merchant will have to set up in the system a cost of the first subscription, its validity period as well as a cost of the next subscription if its reduced or increased and its validity period. The recurring billing feature can be used when you need to accept payments from your client for one and the same amount at regular intervals.

The subscription can be canceled either by the buyer himself or the customer support service of the internet merchant, or the customer care service of Failsafe Payments. Before the next scheduled subscription renewal, the customer will receive a notice of the current subscription expiry and its renewal for the next period.

Failsafe Payments provides local and international merchants with a range of services in electronic payments, including such related services as transactions checkup using 3-D Secure technology, fraud protection tools.