Before diving in to what recurring billing means, I would like to hit the rewind button and take you back to those days where this concept was handled differently. So when a merchant had to collect money on a regular basis say it being monthly, quarterly, half yearly or yearly for the goods or services provided by
What is open banking? A term used to describe the process of banks and other financial institutions opening up data for regulated providers to access, use and share. This has helped customers to choose products and services which enhanced improved their way of managing their funds and payments. What are the benefits of open
Our Journey from MVP to High Performer Award winner! Starting MYFUNDBOX Subscription Billing as MVP in early 2021 and being awarded a High Performer in Subscription category Globally in less than a year was no less than a feat in itself but… was this just magic? A Startup with a small but dedicated team at MYFUNDBOX convinced with the
Using digital resources to increase Subscription Billings Earlier this year in our post ‘The Future of Subscriptions Looks Brighter Than Ever’, we wrote how, done right, subscription models have a bright future and have been trending for good reason. Subscription services are increasingly integrated into the life of the modern consumer. Even as the world
How churn can plateau the growth of your subscription business It is crucial that your customer stays with you in a subscription business for a more extended period to make a profit. The Customer Acquisition Cost (CAC) in a subscription business is pretty high. Therefore, it is essential that your customer stays with you for
The Future of Subscriptions Looks Brighter Than Ever The subscription business is growing at a rapid pace in this era of innovation and technology. Many eCommerce companies are looking for a way to adopt the subscription service model in their businesses. Moreover, in almost all the industry, subscription service models are being implemented to keep
How PCI DSS L4 and GDPR compliant helps in Subscription business and MYFUNDBOX is PCI DSS L4 and GDPR compliant In a subscription business, the customer’s data must be protected. As a business owner, you need to provide a safe and secure gateway for online transactions and payments. PCI DSS L4 and GDPR compliant provide
Subscription Business’ Field Guide to Global Expansion with MYFUNDBOX The subscription business is growing rapidly. It is trending worldwide as most organizations are switching to subscription business models. Besides, most of the already existing subscription businesses are expanding globally. However, there are a few things you should keep in mind while expanding your subscription business
MYFUNDBOX & Google Cloud Partners -Benefits of GCP With Subscription Billing What is MYFUNDBOX? One of the most popular online billing software is MYFUNDBOX. It offers a safe and secure way to handle the subscriptions of multiple customers. Through this software, you can manage payments, recurring deposits, subscriptions and even one time payments. It can
MYFUNDBOX & Mollie Partnership MYFUNDBOX is a billing platform that is online and deals with business to business payments. Payments can be made yearly or monthly or at any given time of your convenience depending on the number of days. MYFUNDBOX provides you with some unique options like creating a billing cycle of your choice