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April 7, 2022

On the wires

Stripe Newsroom: Le Monde Chooses Stripe to Power Paid Subscriptions Globally

“Le Monde has chosen Stripe to support its digital subscriptions as it expands into new international markets. The French newspaper will begin publishing English-language articles and an international daily newsletter for its growing digital readership…Le Monde will use Stripe’s financial infrastructure to manage its global digital subscriptions through a single, frictionless payments platform. Subscribers in every market will be able to pay with their preferred local payment method and currency. Each transaction will also be protected by Stripe Radar , a machine-learning fraud detection solution fully integrated within Stripe’s platform.”

March 24, 2022

On the wires

January 27, 2022

On the wires

Mollie Partners With Chargebee to Deliver Effortless Subscription Payments

Mollie , one of the fastest growing payment service providers in Europe, today announced its partnership with subscription management platform Chargebee to help drive growth for its customers. The integration with Chargebee simplifies subscription billing for merchants, providing an easy-to-install, out-of-the-box subscription management platform that offers all leading European payment methods, including iDEAL, SEPA Direct Debit, and credit cards.”

October 20, 2021

On the wires

Chargebee and Worldline Partner on Subscription and Payment Management Integration to Improve Customer Engagement and Retention

“Worldline, the European leader in the payments and transactional services industry and #4 player worldwide, and Chargebee, the leading subscription billing and revenue management platform, today announced their collaboration to provide an end-to-end payment, subscription and revenue operations solution for merchants operating in a subscription model. With a single, integrated solution, Worldline and Chargebee help merchants improve and expand business operations, efficiently and at scale.”

September 13, 2021

On the web

Billogram, Provider of a Payments Platform Specifically for Recurring Billing, Raises $45M


“While there has been a lot of attention around how companies like Apple and Google are handling subscriptions and payments in apps, what Billogram focuses on is a different beast, and much more complex: it’s more integrated into the business providing services, and it may involve different services, and the fees can vary over every billing period. It’s for this reason that, in fact, even big companies in the realm of digital payments, like Stripe, which might even already have products that can help manage subscriptions on their platforms, partner with companies like Billogram to build the experiences to manage their more involved kinds of payment services.”

August 19, 2021

On the wires

GoCardless and Piano Partner to Help Publishers and Brands Drive Recurring Revenue

GoCardless , a global leader in account-to-account payments, today announced a partnership with Piano , a global analytics and activation platform, to deliver new bank debit capabilities. This new integration is designed to help publishers and brands market, sell and fulfill premium content offerings. Piano’s commerce engine will be integrated with the GoCardless bank debit network, enabling subscription-based businesses to offer end users a convenient new payment method. This helps avoid card failures, reduces involuntary customer churn and increases lifetime subscriber value, a key objective for business growth following 2020’s pandemic-driven “subscription boom.”

August 5, 2021

On the web

July 29, 2021

On the wires

Chargebee to Support Complex Selling Processes of Large Businesses With Summer 2021 Product Release

Chargebee , the industry-leading Subscription Billing and Revenue Management platform, today announced the general availability of its Summer 2021 Product Release. With this release, Chargebee aims to enable large businesses to further support the complex buying processes of their customers. With over 3000 customers across the globe clocking an average of 150% YoY revenue growth, Chargebee’s Summer 2021 update looks to help businesses sustain their incredible growth.”

June 23, 2021

On the wires

Zuora Supports GoPro’s Subscription Program Hitting Milestone Moment of Surpassing One Million Subscribers

Zuora, Inc. , (NYSE:ZUO) the leading cloud-based subscription management platform provider, today sends its congratulations to customer GoPro (NASDAQ:GPRO), for surpassing one million subscribers. GoPro’s subscription service offers customers unlimited cloud storage, premium editing tools, guaranteed camera replacement, exclusive product discounts and more. Zuora has helped power this service since 2016, with a platform that manages recurring transactions, payments, finance and tax support.”

June 17, 2021

On the web

Tripadvisor Launches Service That It Says Offers Bigger Discounts on Hotels, Flights


“As more Americans receive vaccine shots and states lift Covid-19 restrictions , Tripadvisor announced Wednesday the launch of Tripadvisor Plus, a travel subscription service that will provide U.S. customers with access to savings and other perks. The service is priced at $99 a year. U.S. airlines have already seen an increase in flight bookings for the summer, and the Transportation Security Administration recently screened more than 2 million people at U.S. airports , the most since the Covid pandemic began early last year.”

May 6, 2021

On the web

From Bootstrapped to a $2.1B Valuation, ReCharge Raises $227M for Subscription Management Platform


ReCharge , a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation.  Summit Partners, ICONIQ Growth and Bain Capital Ventures provided the capital… Over the years, the company’s SaaS platform has evolved from a subscription billing/payments platform to include a broader set of offerings aimed at helping e-commerce businesses boost revenues and cut operating costs. Specifically, ReCharge’s cloud-based software is designed to give e-commerce merchants a way to offer and manage subscriptions for physical products.”

April 23, 2021

On the web

Recurly Adds Venmo, ‘Pay As You Go’ Options for E-commerce Sellers


“Playing off consumers’ desire to pay for only what they’ve consumed, subscription management and billing platform Recurly has added Venmo and a pay-as-you-go model to its platform. Recurly is making the options available in its launch of Wallet, which represents a major expansion in its payment capabilities portfolio for its e-commerce and digital services clients. Wallet enables subscribers to add multiple cards, e-wallets and digital payment methods, providing the option to pay preferred ways for specific transactions. In adding Pay with Venmo as an option for merchants to offer subscribers, Recurly says it will help merchants stay competitive and relevant with mobile-first consumers.”

April 20, 2021

On the web

Subscription Billing Platform Chargebee Becomes Unicorn After $125M Series G

Crunchbase News

Chargebee , a subscription billing and revenue management platform, is valued $1.4 billion following a $125 million Series G. The San Francisco-based company developed an infrastructure for companies to create a subscription business in as little as 10 days and be able to bring in a reliable source of revenue, Krish Subramanian , co-founder and CEO at Chargebee, told Crunchbase News.”

On the wires

BlueSnap and Chargebee Announce New Partnership

“BlueSnap, an online payments technology company and preferred technology for fast growing B2B and B2C businesses to accept payments, today announced its partnership with Chargebee, the leading subscription billing and revenue management platform…BlueSnap and Chargebee have partnered together to help merchants scale their subscription businesses on a global level.  Chargebee, the worlds’ leading subscription billing platform, offers an end-to-end solution to help businesses achieve scalable, predictable income. And through their partnership with global payment experts BlueSnap, merchants can have confidence that cross-border transactions are optimized to maximize revenue and decrease costs.”

April 1, 2021

On the wires

Chargebee Fuels Subscription Ecommerce Market Through Integration With BigCommerce

Chargebee , a leading subscription management platform, today strengthens its ecommerce offering through an integration with BigCommerce (Nasdaq: BIGC ), a top Open Saas ecommerce platform for fast-growing and established brands. Through the integration, merchants of all sizes using the BigCommerce platform will be able to more easily take advantage of Chargebee’s powerful subscription infrastructure to fuel recurring revenue streams. The Chargebee and BigCommerce solution will also include integration with leading automated sales tax partners, including Avalara, Inc . (NYSE: AVLR ).”

February 18, 2021

On the web

Gravy Raises $4.5M for Its Service That Helps Subscription Businesses Recover Failed Payments


Gravy , a startup helping subscription-based businesses recover failed payments, has raised $4.5 million in Series A funding for its specialized combination of technology and a human workspace that works to reacquire customers lost to what’s known as “involuntary churn.” That means the customer didn’t choose to end their subscription, but — for any one of hundreds of possible reasons — their credit card payment failed.”

October 7, 2020

On the web

Chargebee Raises $55 Million to Help Businesses Move to Subscriptions


Chargebee allows individuals, small businesses and enterprises to automate subscriptions, billing, invoicing, payments and revenue recognition processes. It supports dozens of popular payment gateways, including Stripe, Braintree, WorldPay and PayPal, and its global tax management coverage also helps businesses to expand to new markets. MakeSpace, an on-demand storage company, used Chargebee’s services to scale from four markets to 31 in one year, for instance.”

March 2, 2020

On the web

Grubhub Now Delivering Subscription Service


“Grubhub is jumping on the subscription model bandwagon with its launch of Grubhub+, a membership program offering members unlimited free delivery for $9.99. Members also receive 10% cashback and donation matching to organizations like No Kid Hungry, according to a company press release.”

December 9, 2019

On the web

Subscription-Payment Specialist GoCardless Boosts U.S. Business With Routing-Number Access

Digital Transactions

It’s not hard to fathom why GoCardless, a fintech founded in 2011, wants to expand in the U.S. market. The market controls 70% of recurring payments globally, according to data from Accuity. “Many of our customers want to collect from the U.S., so it was necessary to have the most accurate ABA routing-number information available and in a way that can be easily integrated into our payments processes. Accuity data will provide us with exactly that,” said Paul Foster, head of banking and scheme development at GoCardless, in a statement.

November 13, 2019

On the web

WordPress.com Sites Can Now Accept Subscriptions With New ‘Recurring Payments’ Feature


“The subscription model is today sustaining a number of businesses, including artists, creators , news publishers, game developers , entertainment providers and more. Now, top publishing platform WordPress.com is making it easier for any creator or web publisher to add a subscription feature to their own website, so they can begin to generate repeat contributions from their supporters, readers, fans or customers. The feature is available to any of the millions of WordPress .com sites on a paid plan, as well as the millions of self-hosted WordPress sites using Jetpack, the company says. It’s also fairly flexible in nature.”

July 18, 2019

On the web

June 12, 2019

On the web

67% Of Retailers Report Higher Revenue After Launching Subscription Services – Retail TouchPoints


“By design, subscription services are primarily tools for customer retention, but new research indicates they deliver other benefits as well: encouraging shoppers to try additional channels and new product categories, and increasing the spend levels of already valuable customers. These benefits are derived from the way subscription services build relationships between shoppers and retailers, a process Amazon encourages across its offerings.”

February 12, 2019

Top Post

December 4, 2018

On the web

May 7, 2018

On the web

Subscription hell – How not to do paywalls


“Another week, another paywall. This time, it’s Bloomberg, which announced that it would be adding a comprehensive paywall to its news service and television channel (except TicToc, its media partnership with Twitter). A paywall was hardly a surprise, but what was surprising was the price: the standard subscription is $35 a month (up from $0 a month), or $40 a month including access to online and print editions of Businessweek.”

April 13, 2018

On the web

April 11, 2018

On the web

Subscribers are the new, new thing in business

The Economist

“ONE of the most fashionable ideas in business is that companies should earn their crust from subscribers, who are “locked in” for a period of time, rather than from customers who can easily switch to another provider at any time. Subscription models are seen by many investors and executives as the holy grail, because they promise a recurring stream of revenue. But the approach suffers from three underappreciated problems. Acquiring subscribers can be eye-wateringly expensive. Their urge to run away is often only temporarily suppressed. And consumers may have more than one relationship at a time.”

April 6, 2018

On the web

Stripe launches new subscription-billing service aimed at SaaS companies


“Stripe Billing replaces an older product called Stripe Subscriptions, and Stripe said the new product relies on machine-learning techniques to help reduce missed or late customer payments. It was also designed to be easier to use than other recurring payment systems; in a release, Stripe pointed out that two developers at Wi-Fi router company Eero were able to launch subscription billing for its customers in two weeks using the new service.”

April 5, 2018

Top Post

Stripe launches a new billing tool to tap demand from online businesses


Stripe  has made its name by providing developers with a simpler way to start charging customers and handling transactions, but today they hope to take another step by launching a billing product for online businesses. That’ll allow them to handle subscription recurring revenue, as well as invoicing, within the Stripe platform and get everything all in the same place. The goal was to replace a previously hand-built setup, whether using analog methods for invoicing or painstakingly putting together a set of subscription tools, and make that experience as seamless as charging for products on Stripe.”

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