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The Recurring Payments service, also known as FuturePay, is an internet-based equivalent of traditional standing order and direct debit facilities. It enables you to make online arrangements similar to standing orders and direct debits with your shoppers.
You just arrange to get funds debited from the shopper's card, rather than from their bank account.
Shoppers choose from pricing schemes that you offer. Once an agreement is created, shoppers can view their payments and amend elements of their agreement details through the Shopper Management System (SMS) on our website.
Note that it is the shopper who selects your product or service together with the associated pricing scheme, and therefore forms the agreement with you. They do this by interacting with a completely automated online process - providing that you have set up your website for this. Note that the contract is between you and the shopper and we have no contractual relationship with them.
You can set up subscriptions, or payment by installments, or more complex arrangements - enabling you to claim payments at regular or irregular intervals, and for fixed or variable amounts. Our Recurring Payments service enables you to set up arrangements that are even more flexible than direct debit agreements, including taking a payment before the scheduled payments start.
Please note that the Recurring Payments service cannot be used with Mail and Telephone Order (WorldAccess) payments.
There are two types of Recurring Payments agreement:
Limited agreements, where you can take variable payments at any time, within limits that you place on: a) the total amount payable, and b) the interval of payments.
Regular agreements, where payments occur at regular fixed intervals and you can fix or vary the amount paid.
Please refer to Agreement Types - Compare for comparison details and, for detailed descriptions of the agreement options, please refer to Regular Agreement Options and Limited Agreement Options.
You can use most credit and debit cards as the basis for a Recurring Payments agreement.
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