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What is Subscription Billing? 06 October 2021

  Subscription billing model has been used for hundreds of years, dating back to the 17th century, while it flourished gradually throughout the 20th century as more businesses started getting inclined towards it from various sectors – from education to food. With businesses being increasingly digitized, subscription billing has become a common term when it …

5 Subscription Billing Mistakes to Avoid 21 September 2021

  The subscription billing market holds huge potential and with the rising adoption of subscription based business models, the competition is getting even tougher. If your business is subscription based or you have plans to adopt such a business model, knowing the common mistakes beforehand can save you a lot of time, money and effort. …

A Look into Global Subscription Billing Market 09 September 2021

  The global subscription billing market is expanding fast, paving new paths for the players and stakeholders in this field. The market is set to expand at nearly 14% CAGR and reach over US $7.5 billion through 2025 from its benchmark of US $4 billion in 2020 globally. The revenue of the global market stood …

Top Subscription Billing Renewal Strategies to Increase Revenue 03 September 2021

  Be it subscription based or any other business – increasing revenues is the most common goal for all enterprises. And recurring revenue contributes majorly to the overall profitability of any business. But, not all of your existing customers will become repeat ones or renew the subscription plans which is often a struggle for the …

How to Start a Subscription Box Business: A Detailed Guide 25 August 2021

  Subscription box businesses have gained immense popularity over the past decade. As stated in the recent report by Statista, the monthly expenditure of the U.S. subscribers on food and meal subscription boxes is US$ 74, while the same for clothing & fashion and technology are respectively US$ 64 and US$ 46. Starting from foods …

Top Use Cases of Subscription Billing System 04 August 2021

  If you follow the growth curve of online businesses over the past decade, you will find that for subscription-based businesses, it has spiked noticeably. According to a recent report by Statista, the U.S. OTT access revenue is projected to reach US$ 88 Billion by 2026 with the Netflix’s subscriber base set to reach 182 Million …

What is Dunning Management? 28 July 2021

  In today’s digital era, online transactions are no more optional, but a part of our daily life. Booking cab services, ordering groceries, shopping online, or learning a new course- we often need to do online transactions for multiple purposes. And with that, we frequently come across payment related issues such as declined cards, failed …

How to Set Up Automated Billing for Your Business 29 June 2021

  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 Unveils Direct Carrier Billing Feature for Muvi Billing 22 June 2021

  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 …

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 …

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