The phrase describes the automated debiting process for Netflix subscriptions. Specifically, it refers to the recurring billing that occurs, where the subscription fee is withdrawn from a designated payment methodsuch as a credit card, debit card, or linked bank accountwithout requiring manual initiation by the subscriber each billing cycle. As an illustration, if an individual subscribes to a Netflix plan, the agreed-upon monthly charge will be automatically processed and deducted on the specified billing date.
This automatic payment system provides consistent service access. Subscribers avoid service interruption due to missed payments. Historically, recurring billing has increased convenience for both service providers and consumers by minimizing manual transactions and streamlining revenue collection. This is essential for a subscription-based business model like Netflix because it stabilizes revenue streams.
