š³ Why Some Charges Appear as āRecurringā on Bank Statements
If a bidder reaches out wondering why their charge looks ārecurringā on their bank statement, hereās whatās happening ā and why itās nothing to worry about. Stripe, our payment processor, marks certain transactions this way for security and convenience.
š What āRecurringā Really Means
When a bidder sees ārecurringā next to their charge, it doesnāt mean theyāve signed up for a subscription or that theyāll be charged again automatically.
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Stripe flags some charges as recurring to allow secure storage of card details.
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This allows bidders to check out quickly without re-entering their CVC code every time.
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The ārecurringā label is about how the card data is handled, not the frequency of billing.
This ārecurringā flag helps maintain PCI compliance and speeds up future transactions ā even for one-time payments.
š Need Proof or Further Details?
Stripe offers an official explanation of this behavior: Read Stripe's article here