Automatic billing is a payment method that allows businesses to charge customers automatically for recurring services or products. This system is often used for subscriptions, such as streaming services, gym memberships, or utility bills. Customers provide their payment information once, and the business processes payments at regular intervals without requiring further action from the customer. This method simplifies the payment process, ensuring that bills are paid on time and reducing the risk of late fees. It also helps businesses maintain consistent cash flow and improves customer retention by making it easier for customers to continue using their services without interruption.