What are recurring payments and how do they work?
An example of an AI chatbot conversation about recurring payments and their functionality.
What are recurring payments and how do they work?
Recurring payments are automatic transactions that occur at regular intervals, like monthly subscriptions.
Can you give me some examples of services that use recurring payments?
Sure! Examples include subscription services like Netflix, gym memberships, and utility bills.
How can I set up recurring payments for my bills?
You can set them up through your bank's online banking platform or directly with the service provider.
Are there any fees associated with recurring payments?
Some banks or service providers may charge fees, so it's best to check their terms and conditions.
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