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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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.
Subscription businesses have proved to be resilient throughout the pandemic, but as fraudsters continue to target them, how can fraud teams stay a step ahead?
Literati wants creators to launch book clubs, Recurly on pace to hit $10B in payments volume, Nokia to launch cloud-based SaaS.
Amazon says it will stop accepting UK-issued Visa credit cards as of Jan. 19, 2022 due to high transaction fees.
Streaming music subscription service TIDAL breaks its premium-only mold by adding an ad-supported, free subscription tier.
MoviePass could make a comeback, Klarna an option to pay for subscriptions, and Spotify acquires Findaway.
Aptitude Software Group acquires cloud-based subscription management and billing platform MPP Global.
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