What is regular payment called?

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1026402

2026-07-27 19:00

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Regular payments are typically referred to as "recurring payments" or "automated payments." These payments occur at set intervals, such as weekly, monthly, or annually, and are commonly used for subscriptions, loans, or utility bills. Recurring payments can be automatically deducted from a bank account or charged to a credit card, providing convenience for both consumers and service providers.

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