Merchant Account For Recurring Billing
For many firms, but particularly for eCommerce businesses, the recurring billing business model is a common method of payment processing. From small businesses like as gyms and newspapers to large enterprises such as Netflix and Amazon Prime, the ordinary American customer is most likely paying via the recurring billing model.
If your organization is one of the numerous eCommerce or storefront businesses that uses a recurring billing model, you may be unaware of how difficult it may be to obtain clearance to accept debit and credit card purchases via a standard payment processor such as PayPal, Shopify, or Swipe. This is because of a variety of issues, including high credit card chargeback rates, which may prompt acquiring banks to freeze or terminate a recurring billing merchant account. The recurring billing feature of Solid State Processing enables you to set the periods at which your clients are invoiced.
When your clients’ credit card number changes or expires, Account Updater helps you minimize missed sales and declines. Card information is renewed automatically, offering a stable system for both your company and clients.
Customizable pricing tiers and payment schedules that work for your business, whether weekly, monthly, semi-annually, or on any other schedule you want. Whether you offer a membership or a subscription service, Solid State Processing’s recurring billing streamlines the checkout process and increases customer retention. Contact us immediately for additional details.
