If you are looking for a recurring billing solution, FastSpring’s platform makes selling downloadable software, ebooks, games and other digital products on a recurring basis so easy.
You don’t have to obtain your own merchant account or build recurring billing functionality on your end, as FastSpring is an all-in-one outsourced solution for recurring billing, with award-winning customer service. Generate recurring income and enhanced customer relationships by stepping up from one-time sales to a subscription solution based on recurring billing.
For recurring billing products and services, we accept PayPal and all major credit cards, including Visa®, Mastercard®, American Express®, Discover®, and JCB®. Customers can pay on a recurring basis for your products & services in their own currency, including USD, Euro, Pound, Australian Dollar, Chinese Yuan, Canadian Dollar, Japanese Yen, Swiss Franc, Danish Krone, Hong Kong Dollar, New Zealand Dollar, Polish Zloty, Singapore Dollar, Swedish Krona, Indian Rupee, South African Rand and Brazilian Real.
PayPal, like other payment methods, is accepted in all 16 currencies, and is a popular choice that can increase both customer conversion and LTV (life time value).
Many other recurring billing solutions either do not support PayPal at all or require that vendors maintain a separate PayPal account. Unlike credit cards, PayPal accounts associated with recurring billing subscriptions do not expire, leading to improved customer retention.
Getting started selling with recurring billing is easy. All you have to do is signup with FastSpring, which is free – with no set up fees, no exclusivity, and the ability to cancel anytime. Start selling your software, games, ebooks, videos or other digital content with recurring billing today. Our knowledgable support team will walk you through the simple steps to launch your store. They can even customize your order pages to match your website – at no extra charge.
Recurring billing can change your customers from one-time purchasers to a long-term relationship. As your offerings grow, your customers will be able to get more from your recurring service, increasing their loyalty and trust, while generating greater revenue through LTV. Selling by recurring billing can create community among your customers. Having your own membership-based forum can be a valuable companion to a recurring billing model for your products.
We have seen lately companies like Adobe move to a recurring billing model for selling their products, and this adjustment has already had a huge impact on their business. Instead of perceiving customers as one-time or ocassional buyers (the old transactional model), the recurring billing model enables long-term relationships with customers. Another highly successful company, Dropbox, uses recurring billing for their popular cloud storage & sharing product. The list could go on. No matter how big or small your venture is, it is no accident that recurring billing is the top choice in selling digital products or services, currently and for years to come.
Setting up a recurring billing product through our powerful, intuitive e-commerce platform, is quick and easy. You set up a subscription product, select its billing period, indicate the total number of times a recurring charge will occur, and save the setup. First periods can be set to a different length and initial free or paid trial periods are supported. You can also charge a one-time setup fee if you wish.
For you as a vendor, FastSpring makes recurring payments to your bank, based on your sales, every other week via direct deposit, bank wire or other easily configured options. All recurring transactions your customers make are easily tracked in the FastSpring platform, allowing you to view your current balance & prior payouts, and to gain metrics insight using a wide variety of reporting views and data exports. You can also easily integrate your account with Google Analytics & AdWords.
Follow-up steps for recurring billing notifications are easy to set up too. Credit cards may expire, get lost, or canceled. Therefore, over time recurring payments can fail. FastSpring manages the process of following up with the customer after their payment fails using up to four customizable steps. For further information on these notifications, see our spotlight article on dunning management.
Whether you’re selling software as a service (SaaS) with different pricing plans, a software product that renews each year or every 6 months, access to a members-only section of your site with value-added content or greater support levels, FastSpring’s recurring payments solution is a perfect fit for your business.
Get started today and start making recurring income that is more dependable & lucrative than the up and down cycles of one-time sales.