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A complete glossary about the payments world.
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The method by which a payment is made. These are credit cards, debit cards, boleto, online transfer, ACH transactions, e-wallet transactions, and on.
A payment method that enables the cardholder making transactions within a credit limit and pays only in the recurring month.
A recurring payment is a transaction that repeats multiple times on a specific date range and is charged on a periodic basis, such as online software.