Over the decades, marketing has grown to be one of the essential elements of running a business. Whether your business is an offline store or a digital store, it is challenging to grow as a business without a good marketing strategy, which is why almost all industries now have a separate marketing department to …
Recurring billing or Subscription billing has seen tremendous growth in the past decade. People prefer to pay a small amount monthly rather than spending a massive amount at once. The idea of recurring billing is derived from the recurring deposit(RD) that banks offer in some countries. Much like the RD, recurring billing also comes …
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 …
Payment Gateway is a method for business owners to collect money from their customers. Did you know that 44.5 percent of the world population uses Digital/Mobile wallet to do transactions during e-commerce shopping? While only 3.3 percent of the population opts for cash on delivery. Well, it isn’t hard to believe given the …
Recurring billing is when a merchant automatically charges a customer for products or services at predefined intervals of time. This time interval can be weekly, monthly, annually, or any other specific time period chosen by the customer. Nowadays, most of the online businesses opt for recurring billing management systems. It is the most convenient …
Freelancing has been a source of income for many around the world. People sometimes do it to get a kickstart for their careers, and some leave their in-office jobs to pursue full-time freelancing. There are many websites, such as upwork.com and freelancer.com, where you can find thousands of jobs in your niche. However, the …
Customer acquisition is the process of gaining new customers for your business or converting the existing prospects into new customers. If you own an OTT (Over-the-Top) platform and want to improve your customer acquisition rate, then read on. The OTT industry has gained momentum over the past years with the rising number of OTT …
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 …
Subscription churn is the rate at which a subscription company loses its subscribers. Starting from small to the leading OTT platforms, subscription churn happens to almost all digital service providers- more or less! A recent statistics says that the U.S. companies lose over US$ 135 Billion per year on an average due to 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 …