💳 Why Some Charges Appear as “Recurring” on Bank Statements

If a bidder reaches out wondering why their charge looks “recurring” on their bank statement, here’s what’s happening, and why it’s nothing to worry about. Stripe, our payment processor, marks certain transactions this way for security and convenience.

🔁 What “Recurring” Really Means

When a bidder sees “recurring” next to their charge, it doesn’t mean they’ve signed up for a subscription or that they’ll be charged again automatically.

• Stripe flags some charges as recurring to allow secure storage of card details.

• This allows bidders to check out quickly without re-entering their CVC code every time.

• The “recurring” label is about how the card data is handled, not the frequency of billing.

📎 Need Proof or Further Details?

Stripe offers an official explanation of this behavior: Read Stripe's article here