The undeniable success of streaming media, direct-to-consumer goods, and other subscription businesses is far from just an American phenomenon. Today, consumers all around the world enjoy the benefits of subscription services, such as convenience, consistent billing, and low upfront costs.Continue Reading
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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.Continue Reading
As businesses grow, moving beyond their home locale is often one of the milestones of expansion. Global expansion often requires a considerable amount of planning including research into regions and payment methods best suited for a business’s needs as well as evaluating and choosing the right partners to help them achieve these goals. As a leader in subscription billing and management, Recurly supports these needs by adding partner integrations that enable merchants to unlock new regions to acquire and delight customers.Continue Reading
To reduce chargebacks for subscription-related charges originating from free trials and similar promotional offers, Visa has released the Free Trial Mandate to provide clearer information to consumers related to these types of charges. Specifically, Visa has mandated that merchants who offer a promotional period that rolls into a paid subscription must abide by the following rules:Continue Reading
In an effort to combat card not present (CNP) fraud in Canada, Visa has announced an additional card not present mandate. The mandate describes expanded requirements regarding the use of the card verification value (CVV2) for Canadian merchants processing transactions via telephone or through e-commerce environments. Specifically, these changes require the following:Continue Reading