Recurring Billing
Categories: Credit, Company Management
See: Recurring Revenue. Recurring billing is just the opposite.
Instead of you being Comcast in this story, you're Joe America who pays his hundred bucks and change a month, every month, for the finest in TV programming, internet access, and of course, the elusive "and more!" You are discreetly billed, usually via ACH auto-payments from your bank account, and don't even realize that you're paying some $1,200 or more a year for the privilege.
Sneaky, painless, unnoticed billing. The best billing (if you're a seller).