If you had a crystal ball that could tell you where the next major market for e-commerce will emerge, what would you do? Would you seize the opportunity to expand your business into this burgeoning market?Continue Reading
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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
Today, Recurly is happy to announce a new partnership with Worldpay—an additional payment gateway that you may use to process payments in the U.S. and internationally. The addition of this gateway gives Recurly merchants greater choice in how they process payments for international transactions.Continue Reading
To effectively capture a slice of the Singapore market, businesses need to understand the differences between Western and Asian consumers. Today, Recurly is happy to announce local businesses in Singapore can now process their transactions in Singapore Dollars (SGD) using Braintree or Cybersource. To learn more about the currencies we support, check out Payment Gateways. In the meantime, read on to learn about the growth opportunities in Singapore, the world’s largest startup. Continue Reading
DID YOU KNOW? Credit card decline rates increase 44% to 55% every day during the 'Wee Hours' of the morning?
In the world of payment processing, there is a very predictable pattern of 'galloping' transaction volume throughout the day. This pattern of transaction volume also comes with a very predictable pattern of fraudulent activity, which tends to occur at a heightened rate between the hours of 1:00am and 4:00am.Continue Reading
With so many different payment gateway options out there, it’s not at all uncommon for merchants to switch from one gateway to another. We get questions all the time about how to switch payment gateways and, more importantly, how switching gateways will impact a merchants' billing.Continue Reading