Hello fellow subscription billing enthusiasts! It is my pleasure to share with you fantastic news of Recurly's API v3. The API is now available to everyone! Read on for a brief history of the API, its newest features, and links to our new Developer Portal and client libraries! Recurly API...
Recurly is heading to Chicago in a few weeks to attend Recur, powered by the Subscription Trade Association. In its second year, Recur is a leading direct-to-consumer conference dedicated to subscription commerce. The conference is a great opportunity for subscription box, eCommerce, membership, media, digital, and SaaS subscription businesses to learn from...
According to McKinsey, subscription e-commerce has grown 100% a year over the last five years. Savvy e-commerce companies are taking full advantage of the subscription model—predictable revenue and deep customer relationships—to gain a competitive advantage and accelerate growth. You too can capitalize on this incredible growth by adding subscriptions as a...
At Recurly, Christmas is arriving early this year and the winds of change are in the air. Specifically, we are pleased to announce the imminent launch of Recurly API version 3, a next-generation API built upon Open API 3, and featuring JSON as the first class transfer format. Additionally, we...
The first subscription box service appeared in 2004. Called The Sampler, if offered samples of products from independent, web-based artists and shops. Various other boxes emerged soon-after. Early successes include Quarterly, Birchbox, NatureBox, and BarkBox (Recurly is proud to count the latter two as customers!). Over the years, subscription boxes have evolved...
Subscription businesses, like any other business, need to continually attract new customers—and of course, keep their existing customers happy. When businesses exceed all expectations, they may find themselves lauded in the trade press over these results, as AMC Theaters and Spotify were recently. AMC’s Stubs A-List movie ticket subscription service reported...
Updated November 2020 with new enforcement dates Is your business ready for PSD2? December 31, 2020 (September 14, 2021 in the UK only), the answer to this question will determine your ability to accept online payments in the European Economic Area (EEA). The new PSD2 regulation is an effort to...
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...
Much of our previous content, such as our most recent PSD2 blog and our SCA Integration Guide, has focused on Customer Initiated Transactions (CITs), which occur when the customer is “in-session” or otherwise present during the transaction flow. In the subscription commerce world, CIT comes into play when someone first signs...
Sales of physical products in e-commerce are experiencing sustained growth. According to industry-expert, Mary Meeker, the market has experienced double-digit growth each year since 2008. Because of the intensely competitive nature of e-commerce, businesses seek any advantage that might give them an edge over their competition. For example, some businesses...