One key to converting prospects and increasing cross-border sales is to provide your potential subscribers with the option to use the payment method they most prefer.Continue Reading
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The realm of payments encompasses a wide range of topics, from fraud and cross-border payments to artificial intelligence, mobile wallets, and compliance. Savvy subscription businesses realize that the payment process is a key element in maximizing their revenue. In fact, how well a business is able to optimize payments can be a significant competitive advantage—along with related data and analytics that can help to illuminate trends and other key insights.Continue Reading
Most CFOs would agree, there's a lot to like about subscriptions - from predictable, compounding revenue to deep, long-term customer relationships. However, nothing jeopardizes subscription profits faster than involuntary churn due to failed payments.Continue Reading
Subscription businesses that want to expand globally know they need to offer the payment methods that their prospects in different countries prefer. They need a gateway that can accept international currencies along with the a wide variety of payment methods global customers tend to use.Continue Reading
As noted in our previous blogs in this series (available here, here and here), choosing a payment gateway can be a daunting, but important, task. In this blog series, we’ve outlined many of the things a merchant should consider in assessing different payment gateways. A careful review of a gateway’s reliability, countries and currencies supported, fees and onboarding processes, and a variety of other factors will help a merchant determine which gateway will best serve their needs, both in the present and as their business grows and evolves.
In this final post in the series, we’ll cover three remaining, important topics: Reporting & reconciliation, Credit card portability, and Compliance.
Payment gateways provide the life-blood for subscription businesses—they’re a critical link in the chain that delivers revenue to their business. In choosing a payment gateway, there are many aspects that need to be considered, for example, global compliance capabilities, how they facilitate finance or fight fraud. Choosing the right payment gateway in the context of your business requirements and plans will help you foster growth and success.Continue Reading
Examples abound of businesses large and small moving to a subscription model. From airlines and law firms to business models like OTT and IoT, the subscription business is decidedly booming.
In addition to an agile, scalable, and reliable recurring billing solution, new subscription businesses also need a payment gateway to process their recurring payments. Choosing the right payment service provider (or PSP — this term includes both payment gateways and payment processors) can be a daunting task, and getting it wrong can mean more than just annoyance and frustration. It can also mean lost business and lost revenue if the PSP doesn’t provide the key features required for your business to succeed.Continue Reading
South Africa. Land of untold riches, abundant natural resources, breathtaking nature and a dynamic culture. Are you already serving customers in this vibrant nation?
Now, Recurly merchants doing business in South Africa will be able to process their transactions in the South African Rand (ZAR) using Cybersource or Worldpay. Read on to learn more about South Africa’s demographics, economy, and how it may be poised for tremendous growth.Continue Reading