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The technical specs for VbV do allow for recurring. Whether it will be allowed/supported and chargeback protected immediately is anyones guess.
What basically happens is you send Visa/dir. service the dollar amount, description and minimum number of days between rebills and number of rebills. This is then presented to the customer for verification by the issuing bank/Visa dir. service. If they enter their password and accept those terms, they're bound to it. Doesn't mean they can't chargeback for other reason codes (like lack of service or quality), but no more 'I didnt do it'.
As I said, anyone's guess if it'll work like that in practice, and as I preview my message I see Kimmy beats me to the punch. I'll let you know when I have it in place.
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