Recurly Announces Support for Bacs via GoCardless

Recurly is excited to announce support for Bacs via GoCardless. Bacs is a direct debit banking method popular in the United Kingdom. Bacs allows you to pull funds from a shopper’s bank account, skipping the credit card networks altogether. With about 90% of the UK population paying at least one bill using Bacs, it’s a powerful option to give your shoppers the payment methods they prefer. 

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The Importance of Multiple Gateways for Subscription Businesses

In a recent blog post, we discussed why it's important for subscription businesses to offer alternative payment methods like PayPal and Amazon Pay. Today, we’ll share aggregated data insights to show why merchants should consider using multiple payment gateways to grow their business.

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Recurly Adds Level II Card Support for Adyen Transactions

Recurly is continually reviewing and updating our payment gateways to ensure excellent transaction processing across each of our gateways. This means staying up-to-date on new gateway features to ensure Recurly supports the functionality most useful for our merchants’ businesses.

Recurly has added support for level II card data when processing Adyen transactions. This new service complements our existing gateways supporting Level II data: Braintree, Chase Orbital, Merchant eSolutions, TSYS, and Vantiv. This additional support should result in substantial savings when processing qualified Level II Adyen transactions. 

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Recurly Celebrates Grads

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Company

It’s the time of year when graduations are celebrated as kids move from one education milestone to the next or begin their life in the “real world.” However, due to the global COVID-19 pandemic, this year most graduations weren't able to be celebrated in the traditional way. 

Recurly understood and had empathy that many of our employees had children graduating and took the opportunity to celebrate them in style.

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Expert Tactics & Strategies for Creating a Forever Revenue Stream

Building a sustainable revenue stream requires two things: A powerful recurring revenue engine and relationships that drive engagement and loyalty. Both key to surviving during these uncertain times.

We recently sat down with Robbie Kellerman Baxter, a leading expert on subscription pricing and membership models and the author of The Membership Economy and The Forever Transaction for a Subscription Session called Expert Tactics & Strategies for Creating a Forever Revenue Stream. 

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The High Cost of a Payment Gateway Outage

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Payment Gateway gateway failover

At one time or another, most payment gateways experience outages and performance issues. It’s a fact of life that subscription businesses contend with because transaction success directly contributes to maximizing your revenue. 

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How to Create an Effective SaaS Pricing Strategy

Software as a Service or SaaS has been around since the 1960s when the model we know today as “cloud computing” or “SaaS” was simply called a “time-sharing system.” But it wasn’t until the dotcom boom of the 1990s that the SaaS business model took off and CRM, payroll, and accounting software all exploded in popularity. Since then the growth in this industry has been nothing short of astounding - according to Transparency Market Research (TMC), the overall SaaS market will reach $164.29 billion by 2022. 

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Sponsoring a Spark - The Story of a Recurly Intern

Recurly recently partnered with Tridistrict CAPS and their Business & Entrepreneurship program to support students interested in careers in the fields of business and entrepreneurship. This program is a collaboration of three southeast metro-area school districts in Minnesota including South St. Paul Public Schools, Inver Grove Heights Schools, and West St. Paul - Mendota Heights - Eagan Area. 

The collaboration supports a legislative mandate ensuring that all high school seniors graduate better prepared for their next step in life.

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ACH Powered by GoCardless

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Billing compliance Payments ACH GoCardless

 

Recurly’s fastest-growing merchants understand that global expansion is a corridor to new subscriber acquisition and revenue growth. To turbocharge that growth we are continually adding new payment options. 

These payment options support merchants global expansion desires by enabling you to offer the most popular payment methods that your subscribers can use both domestically and around the world.

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Recurly Announces Three New Quantity-Based Pricing Models

In modern business, companies are constantly experimenting with their pricing strategy to support their growth and changing market conditions. In the world of subscriptions, pricing continues to be a focus to optimize revenue and ensure subscribers are getting the value they are paying for. Recurly has enabled our merchants to experiment using different plans with a fixed price per unit. This works well for purchases with lower quantities but leaves the opportunity to discount and upsell subscribers to higher quantities. 

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