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Subscriptions
Auto-renewal
What is an auto-renewal?
au - to - re - new - al
noun
Auto-renewal refers to a billing approach where a customer's credit card information or payment details are charged periodically based on the defined payment frequency, requiring no action from the customer.
How does auto-renewal work?
Typically occurring on a monthly, quarterly or annual basis, customers are informed about upcoming or completed billing events. In most instances, the option to deactivate automatic billing exists without requiring subscription cancellation.
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