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. For many merchants, the ability to offer additional payment methods is not always an easy or straightforward endeavor. Which countries to expand into first? Which...
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...
Software as a Service—also known as the SaaS model—was one of the earliest adopters of the subscription model concept. There are, of course, a multitude of compelling, strategic reasons to adopt a subscription model based on access rather than ownership: more predictable recurring revenue streams (and compounding revenue); improved subscriber...
Output is an LA-based company that develops innovative software products for musicians, composers, producers, and sound designers. The company’s focus is simple: groundbreaking concepts, new sounds, and new sources of inspiration. Output’s customers access different software products either via a monthly subscription or by purchasing a perpetual license. But, with...
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...
One of the significant benefits of subscription commerce is the amount of data and related insights this model generates compared to one-time purchases. New data related to marketing, payments, and customer lifecycle events is generated regularly, at each new billing cycle. This data is invaluable for gaining insights and making...
As noted in a previous post, the subscription e-commerce business is booming. This segment has grown by more than 100% per year over the past five years, according to McKinsey, and research from Shopify suggests that global e-commerce sales will hit $4.8T by 2021. Capturing and managing your e-commerce offerings...
One of the key benefits of Recurly is the ability to collect and tokenize a subscriber’s payment information. Hosted Fields, included with Recurly.js, have historically been the primary mechanisms used to accomplish this as they provide a secure way to capture payment information without ever exposing it to our customers’ systems,...
Recurly now supports a React interface for Recurly.js. React has enabled teams to build dynamic UIs quickly and effectively, and has proven itself time and time again in demanding systems. We are excited to provide official support for React, enabling you to fit it into your customer experiences seamlessly. With Recurly.js and
For some time now, Recurly has supported Subscription Pricing, a feature of Recurly.js designed to make it quick and easy for our merchants to display detailed subscription pricing information to their subscribers. This feature provides the ability to include any of your subscription plans, as well as a coupon code, add-ons,...
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