Recurring Billing
Don’t just automate your recurring billing, upgrade your business intelligence and cost controls simultaneously. Specialists in mid to large volume accounts.
What is Recurring Billing?
Recurring billing is when you charge the SAME AMOUNT for multiple billing periods. (Link to Variable Amount Token Billing) Our PCI Compliant solution enables you to control spiraling credit card fees, reduce fraud risk, and see real time cash flow reports.
We offer multiple solutions for recurring billing. Nearly all customers want our most advanced solution described below.
Technology, not software.
- Host based solution. No software to download.
- Always up to date with the latest parameters for interchange qualification (the wholesale cost of credit card processing).
- Least cost routing will identify the lowest cost method to process a transaction and pass all data needed to qualify for it. This is NOT just providing the standard level II data that 99.9% of other service providers deliver. “Interchange qualification” is easily most important factor in controlling your costs, especially if you already have great pricing from your merchant services provider.
- Compatible with all major payment processors.
Customer and Billing Management
Most companies focus on your free trial and subscription management — how much you are going to pay them. We’re focused on what you need to collect monies from your customers and control payment processing costs.
- Add multiple contracts for a single customer.
- Add multiple credit cards for a single customer.
- Choose which order credit cards are attempted to be charged.
- Define when customer is billed.
- Choose how many times to retry a card (i.e. if funds not available, charge on subsequent days).
- Charge a single payment.
- Assign payments to general ledger codes with supplied XML templates.
- Automatically email customers reminder notices for expiring credit cards so you increase your successful charge rate.
- Automatic receipts emailed from your domain — advance notice, purchase receipt.
Host your own Billing Pages
Do you have a webmaster? Create your own billing page and integrate using a supplied API.
Do you need a simple and fast solution? We can supply you with a couple lines of html code to drop on any existing web page and begin accepting a payment (uses iframe technology).
Account Management & User Management
- Complete control over EACH feature a user has access to including sale, void, refund, auth adding new recurring customers, reports etc. Improve risk management and reduce risk of internal and external fraud with the most advanced user controls of any system available.
- See future cash flow
- Extensive insight into types of cards submitted, including card issuing bank.
- Customer directed hierarchy — organize divisions and operating entities. View roll up revenues dynamically in real time.
Reduce expired card issues
Automatically notifies customers to update their billing information so they don’t miss a payment.
PCI Compliant – Securely Store Customer Data
All customer data is stored in our innovative host-based PCI compliant system, including encrypted card data.
Never store a credit card at your facility again with tokenization. Use the token to bill payments of variable amounts with your customers permission.