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 business isn’t always as simple as deciding to do it.
Some businesses look to a homegrown system to handle recurring billing needs. Unfortunately, this approach can be slow to roll out, difficult to scale, and expensive to maintain. A faster, easier option, Stripe Billing, is now available through Stripe’s partnership with MYFUNDBOX Subscription Billing.
MYFUNDBOX Subscription Billing is a flexible solution that supports complex billing logic and lets businesses start accepting recurring payments in minutes, so they can go to market faster.
MYFUNDBOX Subscription Billing is also partnered with Stripe’s payments platform, so you can offer a seamless billing experience that improves customer satisfaction and provides unified reporting on your payments—while using automated tools to minimize churn, a problem that has plagued 30% of software businesses in recent years.
To learn more about how MYFUNDBOX Subscription Billing and Stripe can help your business manage recurring payments, visit here . We look forward to taking the next step with you.