5 Reasons Why You Need Subscription Management for Your Startup

Are you looking for a way to keep track of your customers and their subscriptions? Then you need a subscription management system. Read on to learn about the benefits of using one! Increase Customer Retention Rates If you’re running a startup, chances are you’ve got a lot going on. And while you might not have

Problems facing with collecting payments and how to overcome

How you accept payments from your customers probably isn’t an area you spent a lot of time researching. For businesses in many industries, #manualbanktransfers are simply thought of as the default way of getting paid. But businesses that don’t optimise their method of accepting payment commonly create these ongoing problems for themselves: 1. Late payments

Why we need Subscription Billing Platform rather than Payment Gateway

when it comes to a choice between a #subscriptionbilling platform and a #paymentgateway. Customer experience is of foremost importance for any business, and this only gets amplified for a SaaS or subscription business, where concerns like  #churn and #customerretention take the foreground. With capabilities that minimize friction across every stage of a subscriber’s lifecycle, your

Collecting payments: Problems you face and how to overcome them

How you accept payments from your customers probably isn’t an area you spent a lot of time researching. But businesses that don’t optimise their method of accepting payment commonly create these ongoing problems for themselves: 1. Additional admin and wasted time By not automating parts of the payment process that are easily automated. Globally, the

4 ways your ecommerce checkout is hurting your business

Does your checkout need a checkup? For nearly all ecommerce businesses, the answer is an emphatic yes, according to MYFUNDBOX Subscription Billing’s global payments platform, Stripe. In a recent study that surveyed leading B2B and B2C ecommerce sites and customers, Stripe discovered that 96% of sites in North America, as well as 95% in Asia-Pacific

Enable faster growth with subscription billing built for enterprises

The trend toward #subscription-based business is clear: by 2023, 75% of direct-to-consumer #ecommerce brands are expected to adopt a subscription model. For a large ecommerce merchant, it’s critical to find a solution that can not only handle the complex logic and #recurringpayments that go along with subscriptions, but one that can #savetime and #resources, minimize

Turning one-time payments into recurring revenue

Adopting a subscription-based model is a proven way for #ecommercebusinesses to capture more repeat business, add new #revenuestreams, and grow their market share. The benefits are so clear that, by 2023, 75% of direct-to-consumer ecommerce brands are expected to switch to a subscription model.2 However, making the switch to selling subscriptions isn’t always as simple

Get paid faster with a simple, powerful invoicing solution

To keep your business running smoothly and provide optimal experiences to your customers, you need a way to send invoices and collect payments that won’t frustrate them—or you. That’s especially true if they’re among the 40% of companies that still mail  paper checks, creating more manual work for your customers and slowing down the process.

A billing solution for your global growth

As more and more enterprise businesses move toward a SaaS or recurring service model, they need a billing solution that can manage recurring invoices and payments. But that’s not all—they also need a solution that can save time and resources, reduce accounting and reporting errors, and handle compliance and tax across multiple markets as the

The fast track to recurring revenue

Operating on a subscription-based model is proven to help startups go to market faster and enjoy greater flexibility. For all smaller businesses, it’s also a way to acquire repeat customers, add new revenue streams, and grow market share. However, because recurring payments require a different approach to billing than one-time purchases, launching this type of