Start taking magento recurring payments on subscription to grow your business and create scheduled debits in minutes. Get all the benefits of uninterrupted recurring payments, even if the customer re-issues the card. Spend more time running your business, and developing new products, and PowerSync will take care of regular payments from around the world.
Regular payments
- This tool allows you to charge your card for payment according to a set schedule.
- We are able to set up payment acceptance in such a way that customers do not need to enter card data independently every time they need to pay a prepayment.
- It is enough to enter card data once, confirm the signature, and then this tool allows automatic withdrawal of funds from the user’s card according to the set schedule.
- Regular payments can be useful for credit and insurance organizations, as well as for any services that work on a prepayment basis or whose customers need to pay for services on a regular basis.
- In particular, regular payment is focused on gaming, educational and credit services, hosting and web hosting providers, online movie theaters, film, TV series, music, online books, etc.
- Thus, this tool makes life easier for both businesses and consumers. The former does not need to repeatedly remind the client about the need to pay for services. The latter does not need to have a payment schedule for this or that service in their heads, which is very useful considering the number of services used by the average Ukrainian resident.
- For example, credit companies can use the tool “Regular payment” for guaranteed withdrawal of minimum recommended payment for a month/day from the card of the client. Allows clients to minimize the probability of payment defaults and charging higher interest rates or penalties for loans.
Payment solution for recurring debits and scheduled payments
Recurrent payment is a convenient tool for regular payments, which does not require entering the payment details of the bank card, transaction confirmation, and other routine actions from the buyer each time. Autopayments will be debited by default due to tokenization of card data until the customer decides to disable them.
This is an ideal solution for businesses that operate on a subscription model: cloud services, news sites, OTT and hosting providers, educational portals – as well as charitable and volunteer organizations.
Recurring payments are convenient for clients and profitable for business
For the client
With PowerSync, your customers will be able to pay for subscriptions in any way they want and in local currency.
A native payment process on any device and localization will provide the best user experience.
Multi-layer end-to-end encryption guarantees the security of personal information and bank card payment data.
For Business
Accept regular payments from 200 countries in any currency with bank cards and beyond on-site, off-site, and in the mobile app.
Less customer churn thanks to recurring charges, email notifications about unsuccessful recurring payments, and automatic card payment updates.
End-to-end analytics on revenue, customer growth and churn, and more, thanks to automated reports.
How it works for your service subscribers
Product Selection
To subscribe, the customer navigates to the payment page. It adapts to the payment region by displaying the payment methods available to them.
Payment for the subscription
The customer subscribes to your service in a few clicks and pays for it in a convenient way by entering his bank card details.
Regular payments
Done, the client is with you. His subscription will be prolonged by default: when the paid period expires, the recurring payment will be automatically deducted from his/her card. The client can unsubscribe at any time.
Two recurring payment solutions for different business purposes, choose the best one for you.
PowerSync Recurring Payment Calendar
You can set up recurring payments in just a few clicks, no need to connect anything additionally. To do this, generate a payment button in your personal PowerSync cabinet, select the payment type as recurring, and specify the amount, subscription type (period or amount), start/end date, and other required parameters. Use the generated payment button as convenient for you: integrate it into your sales channels, or send it as a payment link to the customer in a personal message. After the first payment, regular charges are our concern. This solution is optimal for small and medium-sized businesses who want to set up regular payments quickly, without additional development and costs. For example, it’s ideal for info courses with a site based on CMS GetCourse or charitable foundations.
Customized Scheduled Charges
Use API integration if you have a large business, lots of clients, and need flexibility for regular charge-offs. By enabling recurring payments, you’ll be billing yourself, automatically setting the date, time, and payment initiation trigger. In addition, funds can be debited not only according to a predefined schedule but also when the customer’s account balance falls below a certain limit. For example, this model is suitable for most cloud products such as On-Demand.
Recurring Payments for Growth and Payment Automation
Easy integration
Start accepting recurring payments quickly – no programming, no development
Any billing model
Find the best model for your business, how to charge your card or e-wallet
High conversion
Increase revenue through high conversion – up to 98% of PowerSync payments are successful
Online Payments for Your Business
Online Payments for Internet and Hosting Providers
PSP Platon offers a complex product for the organization of payments on websites for Internet and hosting providers, chronicles services, and similar projects in the IT industry.
Bileile organizations
Connection payments for any type of ticket service. Payment for a ticket, hold payment, payment by QR, payment sharing, and other instruments of payment for ticket organizations.
Great e-commerce projects
We take into account all the features of your business and select the most personalized solution, which will be aimed at the consumer of your business.
Travel Agencies
Receive tourist payments by Visa and MasterCard in a fast and safe way 24/7.
Educational projects
Payment Online operator provides a set of tools for accepting payments on education project sites and educational platforms.
Small and medium online business
Payment in one click, invoicing, holdings, regular payments. Adapt the design of payment forms to the style of the site or add-on.
Freelance services
Easy payment tools allow you to make large-scale electronic payments to several customers at the same time in one go.
