autopay

Scheduled recurring charges

Autopay is a payment arrangement where charges are automatically deducted from a bank account or credit card on a recurring basis: I set up autopay for my utilities so I never miss a payment.

Most subscription services and bills offer autopay as an option.

The system eliminates manual payments but requires monitoring to catch errors or unwanted charges.

mechanism

recurring

Happening repeatedly over time

withdrawal · debit · e-billing · paperless · enrollment · authorization · mandate · setup · cancellation · opt-in

billing

invoice

Itemized billing statement

charge · account · payable · arrears · reminder · installment · outstanding · overdue · penalty · waiver

convenience

effortless

Requiring no strain

hassle-free · automatic · hands-off · worry-free · set-and-forget · painless · smooth · simplified · reliable · consistent

subscription

renewal

Making current again

software · SaaS · utilities · insurance · mortgage · rent · internet · Netflix · Spotify · dues

Categories
Opposites
payment automation

autopayone-time payment

Full amount paid once

pay-as-you-go · cash payment · invoice payment

payment timing/control

autopaylate payment

Remittance past its deadline

deferred payment · payment default

Phrases
Family

autopilot

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G