How To Find The Best Solution
In our last blog (to read, click here), we suggested that software developers integrate a recurring billing (aka subscription commerce) capabilities. This blog tells you one of the main reasons why.
Subscription commerce enhances customer experience and boosts loyalty
Customers sign up for recurring billing because they don’t want to worry about making regular payments on time. Paying automatically helps them eliminate late fees and collection calls. Once they do use a recurring billing program, customers rarely cancel.
The right billing programs do appeal to customers and will increase their likelihood of staying with you. The right programs:
- Accept all payment types all the time. Look for products that let customers maintain several payment methods within the program, and even set the payment order priority.
- Adapt to your billing schedule, and let you update or make changes to the schedule as necessary.
- Provide customizable email receipts to your customers.
- Automatically update account changes, such as expiration dates and account closures
In our next segment, we’ll tell you how to ensure that the recurring billing module you choose is industry compliant, and offers full protection of customer data.
Can’t wait? Click here to be contacted by an expert who can help you find the best integration for your software.