| Definition | Follows a predefined recurring billing schedule. | The merchant generates a payment request whenever billing is required. |
| Invoice generation | Automatic, based on the configured frequency. | Generated only when the merchant initiates billing. |
| Collection | Auto-debit is attempted at each billing cycle. | Collection occurs only after the merchant creates the request. |
| Frequency value | DAIL, WEEK, MNTH, BIMN, QURT, MIAN, YEAR | ONDM |
| Best suited for | Fixed recurring schedules. | Variable, usage-based, or pay-per-use billing. |
| Examples | Monthly memberships, OTT subscriptions, insurance premiums. | Utility bills, cloud services, usage charges. |