So, subscriptions are possible - just programmatically request a payment on a recurring basis.
As a consumer I actually prefer this approach because I get a payment request that I must explicitly accept for my subscription to be renewed, as opposed to forgetting about a subscription and have it show up on my bank statement.
For example: Every month Netflix sends me a payment request asking me to pay for another month's service.
Perhaps they could allow for auto-withdrawing to reduce friction for subscriptions you definitely know you want, but I strongly feel this request-before-withdrawing model should be the default for any subscription service and anything else should be explicit opt-in.
As a consumer I actually prefer this approach because I get a payment request that I must explicitly accept for my subscription to be renewed, as opposed to forgetting about a subscription and have it show up on my bank statement.
For example: Every month Netflix sends me a payment request asking me to pay for another month's service.
Perhaps they could allow for auto-withdrawing to reduce friction for subscriptions you definitely know you want, but I strongly feel this request-before-withdrawing model should be the default for any subscription service and anything else should be explicit opt-in.