A standing order on your credit card is a payment method that allows you to organize and streamline the many financial transactions with your customers, by instructing to automatically honor every payment request and execute payments directly from the customer's credit card at set times. This payment arrangement has many diverse advantages, where the customer instructs the credit card company to automatically honor any payment request coming from a specific entity or business, and to directly transfer the requested amount of money to that entity from the credit account. A notable advantage of this method is that a standing order via a credit card does not occupy the credit card's credit limit.
It saves time: there's no need to check the payment execution each month.
It's easy and straightforward to set up: when a standing order is set, the system automatically charges the credit card on a fixed date.
It's confidential and secure: there's no need to withdraw cash or pay with multiple checks, and no exposure of the credit card number.
It prevents discomfort: payments are always made on time, without any worry of delays or failing to meet deadlines.
It provides peace of mind: no longer necessary to remember when each payment needs to be made.
Griner offers you an attractive option for conducting credit card standing order transactions, which do not 'occupy' your credit limit, giving the customer breathing room and allowing the cardholder to perform payment transactions without 'capturing' the limit.
