Payment Processing
When it comes to setting up how your recurring revenue will be managed, the payment processing and billing management vendors you utilize, your internal payment operations, and your subscriber billing management, there is no ONE right set up or process. Some vendors support one part of the payment process while others support many. The right setup is what works for you and your business, and at the stage of business you are at (or are about to grow into). So, it’s imperative you understand the process, what your subscription business needs, and know the right questions to ask when selecting your payment partners. And, it’s even more imperative to stay current with best practices for managing your recurring payments for your business.
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Fintech and infrastructure startup Skio raises $3.7M to help Shopify merchants sell subscriptions.
Netflix diversified with new products and services; buy-now-pay-later expands to subscriptions; podcasting wars heat up.
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PlayStation is combining its subscription services, Grow Credit is helping students build credit thru subscriptions, and Square becomes Block.
Merchants can avoid payment problems, friendly fraud and chargebacks with these best practices from Visa.
Afterpay follows Klarna’s leads, Comcast may ditch Hulu, Disney is betting money on sports.