
Renewals
Renewals refer to the process of extending or renewing a service, contract, or subscription after its initial period expires. This typically involves confirming continued use and often paying a fee to maintain access or benefits. For example, a subscription service like a streaming platform may send a reminder to renew your membership before it lapses, ensuring uninterrupted service. Renewals are important in maintaining ongoing relationships between providers and customers, allowing both parties to agree to continue their agreement under updated or existing terms.