Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between a recurring and one-time payment?

April 26, 2017one-time payment recurring

0

Posted

What is the difference between a recurring and one-time payment?

2 Answers

0

Posted

One-time payments are not the same dollar amount each month, are not due each month at the same time or will only be due once. Recurring payments are due at the same time each month with the same dollar amount.

0

Posted

One-time payments are payments that are not the same dollar amount each month, or are not due each month at the same time or will only be due once. Recurring payments are for bills that are due at the same time each month for the same dollar amount.