As the world is moving towards digitization, the rate of cyber attacks is also growing significantly. More often than not, these attacks are made on the billing feature of any website. This is done mainly through phishing or malware attacks. However, to prevent these invaders, every business should have security features on their website. …
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 …
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 …
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 …
COVID-19 and the OTT surge – Enough has been written and told already. The OTT industry is undoubtedly benefiting from the ongoing pandemic, but some trends magnified during the year and are set to control the OTT movement in 2021. If you are into the digital streaming business, here is what you need to keep …
The subscription business has proven to be a boon in these self-quarantining times. With social distancing becoming the newest norm, businesses have realized the importance of “digital-first” and have been foraying into the digital space to sustain. While many businesses have sustained the need of the hour, the prolonged pandemic has become a concern. Because …
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 …
Well, if you think accepting credit card payments online is the only thing that a billing platform does, you are missing out on a lot! A subscription billing system amps up your capital, supports your business model, ensures smooth customer service, and drives recurring revenue. Pretty sums up everything, isn’t it? When you are …
Nothing can outweigh guaranteed money when it comes to the success of your business. It happens when you build a sustainable relationship with your customers, and not when you only close a sale. This is where subscription billing and recurring payments help you in having a better customer retention. Whether it is about selling …
100% growth over the last five years? That’s right! We are talking about what precisely the global subscription market has undergone. That’s not all of it. Subscription eCommerce businesses have hit almost $2.6 billion in sales too. Certainly, an incredible news when you have a subscription billing system for your eCommerce business. But how do …