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COMMERCE GLOSSARY

Commerce Glossary

A comprehensive resource to help you master the language of commerce.
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What is Auto-renewal?

au - to - re - new - al
noun
Auto-renewal is a billing model where the customer’s payment details are charged automatically without the customer having to take action.
How Does the Auto-renewal Work?

Auto-renewals are typically monthly or annual and the customer is notified before or after the billing. Usually, auto-billing can be disabled without cancelling the subscription as well.

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