What is a single payment vs. a recurring/fixed payment?
A single payment is a one-time payment. These include payments in which the amount fluctuates each time such as your phone bill, or any payment you don’t want to make regularly, such as a florist you use now and then. A recurring/fixed payment is one you make regularly for the same dollar amount each time, such as the monthly payment on your mortgage. You only need to setup a recurring payment once. From then on, we’ll make the payments for you automatically.
