Subscription Billing Solutions - Latest updates on Subscription Billing Solutions
What is Open Source Billing? 10 August 2021
Open source billing as the name suggests, is an open source, free-to-use billing and invoicing software that helps businesses to process payments, generate and send invoices online with other added benefits. Open source billing is generally a go-to solution for the small businesses, freelancers or entrepreneurs due to several factors such as- Sometimes being …
Role of Automated Billing in OTT Platforms 11 June 2021
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 …
Advantages of Recurring Billing Management System 01 June 2021
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 …
5 Reasons to Choose Muvi Billing for Your Online Business 07 May 2021
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 …
What Automated Billing System Really Means? 20 April 2021
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 …
What is Subscription Fatigue and How to Tackle it? 15 April 2021
In this era of growing number of subscription businesses, subscription fatigue has become a commonly occurring phenomenon among customers. In the simplest words- subscription fatigue is when customers feel tired and overwhelmed of having too many subscriptions at the same time. While the outbreak of the COVID-19 pandemic raised the number of subscribers for digital …
Common SaaS Billing Challenges and How to Fix them 26 February 2021
Managing customers or subscribers of a subscription-based business is not an easy task. This gets even more complicated when you grow. According to a survey, recurring billing management has been one of the significant challenges among SaaS startups. While the lack of knowledge of recurring billing dynamics has only fueled the challenge, entrepreneurs often …
Buy or Build: The Ultimate SaaS Subscription Billing Checklist 11 February 2021
Price, convenience, and personalization are the three primary reasons; subscription business models have gained popularity in recent years. According to Gartner, all new software entrants and 80% of historical vendors have kept SaaS options in their business model to avoid losing out on the market traction. From airlines to the hospitality industry to car …
Choosing The Right Subscription Billing Platform in Post-COVID-19 Era 19 January 2021
The year 2021 is not going to be ordinary. It will carry the baggage of an active pandemic, a permanent change in consumer spending, and a massive boom in subscription-based businesses. While the former two are beyond control, the latter has opened the stage for cut-throat competition in the subscription billing industry. Because it’s …
