ClickBank announced today the availability of recurring billing for sellers and affiliates.  Here's the skinny from Clickbank:

What is ClickBank Recurring Billing?

ClickBank recurring billing lets you sell and promote a wide array of products and services, like subscriptions and membership sites, that leverage regularly scheduled customer payments. ClickBank recurring billing is a fully-automated system that makes selling, promoting, and managing recurring transactions easy and profitable. Keep reading to see why ClickBank recurring billing is a winning proposition for affiliates and publishers alike.

Why Use ClickBank Recurring Billing?

Recurring Revenue Streams
Have a product or service idea that provides continuous value over time? ClickBank recurring billing can help monetize that idea and provide you with predictable and repeatable revenue.

No Monthly Fees
Unlike many of our competitors, ClickBank does not charge any additional fees for using recurring billing. If you already have an account, you can get started today.

No Integration Required
When implementing ClickBank recurring billing there is no software to install. Recurring billing integrates seamlessly with the current ClickBank system and is easy to implement.

Reduced Authorization Declines
ClickBank understands that scheduled payments may fail for several reasons, including insufficient funds, so we have optimized our recurring billing process to reduce authorization declines and increase your revenue.

Guaranteed Payments
ClickBank has never missed a payment since we started in 1999. Our proven tracking and payment process means that you get paid for every sale. Plus, our tiered markup structure means more money in your pocket on lower priced rebills.

Reporting and Analytics
The information that is gathered throughout the recurring billing process is summarized in our new "Subscriptions Reporting" feature, allowing you to manage recurring customers with ease.

Additional Benefits for Publishers

We take care of your billing and subscription management responsibilities so you can focus on running your business. We'll even send you timely notifications of sales, credit card updates, cancellations, and other relevant events. Last, but certainly not least, you'll have your recurring billing product added to the ClickBank Marketplace allowing you to leverage the power of the ClickBank affiliate network to drive product sales!

Additional Benefits for Affiliates

Affiliates who promote recurring billing products will benefit from recurring commission. Commissions range from 1% to 75% and remain the same throughout the life of the subscription.

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