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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 set up is what works for you and your business, and at the stage you are 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.

Here are some of our most popular & evergreen content focused on Subscription and Recurring Payments and Payment Processing:

Interested in on-demand training? Check out:

  • Subscription Fundamentals: PAYMENTS, with Melanie Stout. Learn about involuntary churn and the essentials of how recurring payments work, starting with basics and work through to sophisticated topics such as chargeback handling and KPI monitoring.
  • Subscription Show 2020 On-Demand with 77 sessions, including an entire track dedicated to optimizing subscription and recurring payments all focused to the latest subscription economy trends and intel to help you grow your business.

Check out all of our Payment Processing information below – both news and subscriber-only – organized by date:

Alternative Payments for Digital Content to Overtake Credit Cards by 2017

By Minal Bopaiah A new report says that credit and debit card processing will make up less than half of online transactions by 2017. Instead alternative payments like bank transfers, direct debits, e-wallets, mobile payments and alternate currencies like Bitcoin, will make up 51% of online payments, according to eCommerce processor WorldPay. Subscription sites have more time that others to budget for this transition, as consumers tend to try out alternative payment methods first on one-time eCommerce…

Five on Friday: Ad Blocking, Fraud Prevention and Postal Rates

In this weeks Five on Friday, IoT for All explores six key factors when considering the subscription model, Verifi offers tips for merchants to identify fraud and prevent chargebacks, SIIA breaks the news that regulators have proposed significant rate increases to postal rates (ouch!), the CMO Club and Conversant share ways to win customers with technology, and, in ad blocking news, Ars Technica tells us about Google Chromes plans to block auto-play videos in January 2018.
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Subscription Insider is uniquely focused on the business of subscriptions.

Subscription Insider is uniquely focused on the business of subscriptions.
We deliver the information, training and research that subscription entrepreneurs, executives, and their teams need to support improved decision making, skills, and profitability.

The dawn of the stay-at-home economy: Subscriptions are driving growth, but need flexibility to thrive

The COVID-19 pandemic has affected and disrupted life on so many different levels. One of these defining impacts is the call to stay at home, avoid large crowds and socially distance whenever possible. With Americans stuck indoors, they've been craving solutions to keep occupied. Subscription business models—a force before the pandemic—have thrived in the aftermath.

Google Wallet Likely to Hurt Subscription Retention, Skype Avoids Pre-Paid Problems With Its Own Cards

Google seemed to have jumped the gun this week when it announced Google Wallet supports all major credit and debit cards. American Express was quick to announce there was no formal deal, according to CardNotPresent.com. But even with a formal deal, subscription sites should be hesitant to use the new cloud-based service. Amex's biggest concern is the fact that purchases show up on a cardholder's statement as "Google" instead of with normal merchant-related information. That means…

ALERT! Target’s Credit Card Breach May Threaten Subscription Sites

If you haven't heard, Target had an extensive breach of its customers' credit and debit card numbers over the Black Friday weekend, and details are still surfacing. According to The Wall Street Journal, the breach was national in scope and took place through brick-and-mortar stores, not through an online portal. But because customers' credit and debit card numbers were stolen (presumably by tampering with machines that read the magnetic strip on the back of a card), online…

Netflix Reports Strong Q3 Financials Including 5.3 Million New Members

If you predicted that Netflix couldn't get any better in the third quarter, we'd say 'Stranger Things' have happened…and they have. Yesterday Netflix (NASDAQ: NFLX) reported strong Q3 financials with a 33 percent increase in global streaming revenue and the addition of 5.3 million new memberships globally, a 49 percent increase year over year. This is considerably higher than the 4.4 million net additions Netflix had forecast. Year-to-date, Netflix has added 15.5 million new members (net), a 29 percent increase year over year.

10 Most-Read Subscription Trend Reports in 2017

Our most read subscription-focused trend reports in 2017 include reports and research on retention, email marketing, payment cards and gift subscriptions. Other most-read reports that round out our list are focused on newspaper, beauty box, SaaS, music streaming and non-profit market, usage and other industry trends.
Hello! If you are a paying Subscription Insider Member, please log in below to continue reading. Otherwise, click subscribe below to enjoy access to all of our premium content.

Subscription Insider is uniquely focused on the business of subscriptions.

Subscription Insider is uniquely focused on the business of subscriptions.
We deliver the information, training and research that subscription entrepreneurs, executives, and their teams need to support improved decision making, skills, and profitability.

Google Leaves CAPTCHA Behind in Favor of New API

Google is ditching CAPTCHA in favor of a simple check box, according to a blog post on their website. For those unaware, CAPTCHA is that annoying little box with a sequence of nonsensical letters and numbers, and a necessary evil for secure customer identification. But in recent years, the technology has failed to foil Internet robots, and users in general find it to be a pain and nuisance. In fact, today's spammers are able to decipher…

Facebook is Testing Subscriptions for Publishers via Instant Articles

Last week Digiday reported that Facebook (NASDAQ: FB) is testing paid subscriptions for publishers through Instant Articles. While details have not been released publicly by Facebook, Digiday said that the paid subscriptions will likely support publishers who use metered paywalls or freemium models. The goal would be to support publishers like The New York Times, The Economist and the Wall Street Journal who would offer some content for free, and put the rest behind a paywall, requiring a subscription to access. According to Digiday, publishers will be able to control the pricing, and they will get access to subscriber data available in Facebook.

Subscription Management Platform Zuora to Acquire Leeyo Software

Last week Zuora, Inc., a cloud-based subscription management platform, announced that it will acquire Leeyo Software Inc., a financial software and services company. As a result of the deal, Zuora will add Leeyo's RevPro to its order-to-cash product portfolio. RevPro is a rules-based revenue recognition and forecasting solution that automates revenue processes to produce consistent and accurate revenue data. The cloud-based RevPro is ASC 606 and IFRS 15 compliant, new revenue reporting standards which go into effect in 2018 for public firms and 2019 for private firms

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