The phrase describes the automated debiting course of for Netflix subscriptions. Particularly, it refers back to the recurring billing that happens, the place the subscription charge is withdrawn from a delegated fee methodsuch as a bank card, debit card, or linked financial institution accountwithout requiring handbook initiation by the subscriber every billing cycle. As an illustration, if a person subscribes to a Netflix plan, the agreed-upon month-to-month cost will likely be robotically processed and deducted on the required billing date.
This automated fee system supplies constant service entry. Subscribers keep away from service interruption as a result of missed funds. Traditionally, recurring billing has elevated comfort for each service suppliers and shoppers by minimizing handbook transactions and streamlining income assortment. That is important for a subscription-based enterprise mannequin like Netflix as a result of it stabilizes income streams.
