The popular subscription business model is evolving to accommodate virtually every type of service and product imaginable. Consumers today can conveniently subscribe not only to music, movies, and over-the-top (OTT) video services, but also to the recurring delivery of physical goods such as fresh produce boxes, prepared meals, and pet supplies. Even recurring razor blade deliveries are just a few clicks away.
Making it easy, flexible, and frictionless for your customers to pay for your subscription-based products and services can have a significant impact on your bottom line. That’s why your subscription billing and payment palette needs to accommodate all of the various forms of payments that your customers prefer.
Vindicia subscription billing and payment solutions reduce customer churn by making subscription payment and recurring payment transactions easier and more automatic for your customers, from initial customer acquisition to each recurring billing cycle. Our SaaS-based subscription payment solutions – including Vindicia® CashBox® and Vindicia Select™ – make it easy to:
Our fully customizable subscription billing and payment platform will retry declined transactions as many times as it makes sense for your business – with an efficient business model that charges only for successful transactions. What's more, our advanced retention technology enhances existing retry logic, adding as much as 5% to your monthly transaction success rates. To learn more, read the Forrester study "The Total Economic Impact of Vindicia Select" and see how Vindicia reduces churn, boosts revenue, and extends ACLV. And check out the Forrester videos and infographic.
At Vindicia, we are constantly introducing new and improved subscription and recurring payment methods into the Vindicia product family to help drive your success.