What are the set-up parameters for Recurring Payments?
Recurring Payments are set up once and can be repeated weekly, bi-weekly, monthly, quarterly, or on the last day of the month. Weekly payments can be set up for payment to be made on Monday through Friday. Bi-weekly payments will occur every other week on the same business day as the initial payment. Monthly and quarterly payments can be set up to occur on any day of the month. Payment dates that fall on non-business days will be processed on the next business day. Payments that fall on invalid dates (i.e. on the 31st, during months with less than 31 days) will be processed on the next business day.
