A recurring payment, also known as a subscription payment, recurring billing, or automated payment, is an electronically processed transaction that repeats at predefined intervals. Support setting your customers up for either recurring, installment or subscription payments by creating a plan and then assigning a customer to that plan. Support both credit card and ACH payments. On the selected billing dates, we will automatically charge your customers and let you know the results of the transactions. Qualpay Recurring Billing is paired with a Qualpay merchant account, and is available out-of-the-box via Qualpay Manager to setup and manage or alternatively via an API.
Qualpay is a PCI DSS (Payment Card Industry Data Security Standard) Level 1 service provider. That means you can be confident knowing that your business has the most up-to-date payment processing protection safeguards now available.
Help prevent payment declines by using Account Updater. This integrated service is provided by the card brands and makes sure your customers' credit card numbers and expiration dates up to date. This in turn reduces your need to contact your customers to manually update their card information.
Reduce security concerns and reduce your PCI DSS (Payment Card Industry Data Security Standard) scope by storing your customers data on Qualpay's payment platform. Store multiple payment cards, billing addresses, email address, and shipping addresses.
All transactions are linked to your customer for easy viewing of complete purchase history.
Initiate an additional customer payment from either the Customer Vault or Virtual Terminal.
Accepting recurring payments for your business can streamline your cash flow and provide predictable income. Recurring payments for products such as subscriptions also provides convenience to your customers by eliminating the need for manual renewal processes, ensuring uninterrupted access to services or content they value without the hassle of remembering to renew their subscription each time it expires.
When you choose Qualpay as your payment processor, you can offer your customers the choice of recurring, installment or subscription payments. Additional payment options include plans with a Trial Period, Setup Fee, and Prorated Billing options.
Here is how recurring payment processing works:
There are three main ways to accept recurring payments: ACH transfer, invoices and credit or debit card authorization forms.
Ready to streamline your payment processes and offer your customers seamless recurring payment options? With Qualpay, you can effortlessly set up recurring, installment, or subscription payments for your customers. Take the next step towards optimizing your recurring payment workflows. Learn more in our Recurring Billing Guide, or contact us to get started.
