What is the most important component for any business? Well, there are many and the billing system is definitely one of the significant ones! Do you know, most of the successful online businesses have automated billing systems and definitely not the manual ones? An automated billing system is mostly recurring where the billing related …
In this era of automation and digital workflow, automated billing solution is a necessity for your business growth. The examples are live in front of you- look at any leading or growing business, billing automation is there. Let’s give you a glimpse- According to the latest report by Statista, some of the 100 largest …
A hallmark of the most successful online businesses often lies in scaling their MRR (Monthly Recurring Revenue), and having an automated billing system is paramount to ensure a business’s MRR is always growing. Let me give you an estimation- The McKinsey report stated that 66% of the businesses have automated at least one business …
Muvi has just released Direct Carrier Billing Feature for its well-known monetization engine for websites and apps Muvi Billing. Direct Carrier Billing (DCB) or Operator Billing is an instant payment option allowing your customers to pay for online products, services, or content with their mobile devices such as phones and tablets. With the rise …
The OTT industry has evolved drastically in the last few years. While the number of OTT subscribers grew exponentially over the past decade, the outbreak of the pandemic has further aided in its growing demand. As stated in a report by Statista, the OTT video segment itself is set to reach US$ 271,837 Million …
One more good news for the Muvi Billing customers- managing differential tax brackets is now at your fingertips with its new taxation feature! Be it digital goods or SaaS, sales tax varies significantly from country to country or state to state. In addition to this, the delivery model also plays a vital role in …
Managing billing for your online business may turn out quite hectic if you don’t settle it in the beginning of your business. No matter whether you have just started with your digital store or planning to scale up your fast-growing OTT platform, you need to chalk out your billing management plan. Gone are the …
Automated billing system has become an integral part of most digital stores since the past decade. An automated billing system automates the generation of invoices and other billing related activities. With the growing number of OTT (Over the Top) users such as Netflix, Hotstar, Spotify, and others, subscription-based payments are gaining traction world-wide. A …
A payment gateway is simply the component of your business that keeps the transaction between two parties smooth. It enables easy and instant online payments for both the customer and the seller. If you are to open an online business website, you must know that cash on delivery is not the wisest option if …
Unlike the past, the approach to software delivery is no more a “one-time purchase” affair! An increasing number of companies in the technology industry have realized that scaling a SaaS business without a consumption-based billing platform is almost impossible. Rather than selling single units, shifting towards a recurring billing model is garnering more opportunities and …