A streamlined payment process brings simplicity to your business. It helps reduce churn and build trust with customers.Continue Reading
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If you’re wondering if recurring payments and subscription billing are right for your business, consider this: How often do you think of your business as a one-off sale?Continue Reading
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.Continue Reading
At Recurly, we're always working behind the scenes to provide a better user experience for our merchants. Sometimes that comes in the form of a new product or feature release and other times, it comes in the form of a bug fix or an improvement to an existing product or feature. Sometimes, it simply means sprucing up a design aesthetic that's become a tad outdated. It’s been a long time coming and today, we’re happy to announce some upgrades to our existing HPP (Hosted Payment Pages).Continue Reading
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
You rely on your payment gateway for business success. Without it, you simply can’t accept payments from customers. Unfortunately, all gateways at one time or another experience outages and performance issues. Across Recurly’s supported gateways, we’ve documented an average of 40 performance issues per year. With downtimes up to several minutes, this can add up to significant lost revenue. This is no insignificant concern for an online business because transaction success directly contributes to maximizing your revenue.Continue Reading
Recurly is pleased to announce a new partnership with GoCardless, the leading global fintech for recurring payments, which will allow our customers to provide additional payment options to their subscribers and prospects. These new bank debit options include SEPA (Eurozone) and Bacs (UK), along with ACH (USA). More than 30% of Recurly’s customers are either selling globally or have immediate ambitions to grow globally. These new payment options, available in Q1 2020, will enable Recurly merchants to grow their international subscriber base, increase revenue, and reduce the fees associated with using other payment methods.Continue Reading
In a previous blog, we talked about how Recurly’s machine learning models help recover recurring invoices which initially failed and had entered the dunning process. Today, we want to share some analysis on the recovery rate for such invoices. Knowing what recovery rates are typical for your business allows you to analyze the effectiveness of your dunning strategy and make improvements as necessary.Continue Reading
In a previous blog post, we outlined how Recurly uses machine learning in our Revenue Optimization Engine to predict transaction success and maximize your revenue. This unique Recurly technology is an example of how machine learning, if handled correctly, can be a powerful tool for preventing involuntary churn.Continue Reading
As discussed in a previous blog on this topic, the Payment Services Directive 2 (PSD2) is a new European Economic Area (EEA) regulation which will go into effect on September 14, 2019.Continue Reading