7 Cost-Effective Ways to Implement Subscription Payment Processing

Subscription payment processing is becoming a popular way for companies to increase their sales and revenue. It's easy to see why: subscriptions have shown themselves to be effective at generating recurring revenue, and they're also easy for customers to forget about. You don't have to worry about collecting payments or chasing down delinquent accounts because the subscription model automatically deducts money from your customer's account every month or year (or whatever schedule works best for you). However, there are still some ways that you can implement subscription payment processing without spending too much time or money on it.


Offer a subscription that can be canceled.


  • Offer a subscription that can be canceled.
  • Make sure the cancellation process is easy and clear.
  • Offer a money-back guarantee, if appropriate for your business model (e.g., if you sell digital products or services).
  • Provide a way for customers to contact you with questions or issues related to their subscriptions, such as by offering phone support or email addresses on your website's contact page.

Make it easy to cancel.

When it comes to canceling your service, make it as easy as possible for customers. Give them a clear link or button that takes them directly to their cancellation page and provide an email address for support if they have any questions about the process. If you can't offer a live chat option, consider adding one in order to reduce cancellations by making sure customers get all their questions answered before they leave.


Make sure your cancellation process is quick and painless by providing clear instructions on how long it will take before their account is canceled (e-commerce sites often give this information within minutes after purchase). You might also want to consider offering incentives such as discounts on future purchases or free shipping during this time period so people don't jump ship just yet!


Consider the number of payments per month.


  • The number of payments per month is important to consider because it will dictate how many transactions you want to process, as well as the overall cost. If your business does not have a high volume of transactions, then you may want to consider a lower plan that costs less.

  • A good rule of thumb for determining if your company should be using subscription payment processing is: "How many subscribers do we have?" If this number is above 100 or so, then it's time for some serious consideration about moving forward with subscriptions - especially if those numbers continue on an upward trajectory!

Know when to start the subscription billing cycle, especially for subscriptions with a time frame.

When it comes to subscription billing, the first of the month is always a good time to start your cycle. This means that if you're offering a subscription with a time frame (like monthly or bi-weekly), you'll want to start your billing cycle on the first day of each month following when your customer purchased their product. On top of this rule being simple enough for most people to follow and understand, it also helps ensure that customers don't get charged more than once per month--which can sometimes happen if you don't set up things correctly in advance!

If you don't offer any kind of specific time frame for your product or service (for example: "monthly" or "bi-weekly"), then consider starting your new customer's billing cycle on whichever day is appropriate after they purchase their first item(s).

Set up monthly or annual subscriptions in advance, versus on demand.

If you're looking to make the most of your subscription payments, setting up subscriptions in advance is a great way to do so. When customers sign up for recurring billing, they can pay their bills on a monthly or annual basis instead of having to remember when they need to make their next payment.

It's also important not only how often you charge customers but how much those charges are worth--and this depends on what kind of product or service you're selling. For example, if someone signs up for Netflix (or any other streaming service), they might expect that their credit card will be charged once per month at around $10 per month until they cancel their membership; however, if someone signs up for Hulu Plus (or any other video-on-demand platform), it may be more appropriate for them to pay $7 per week ($28 per month), since this amount includes both live TV programming as well as access through mobile devices such as tablets and smartphones."


Be clear about the price and what you're offering in return for it.


As you start to work out the details of your subscription-based program, it's important to keep the customer in mind. You want them to know exactly what they're paying for and how much it costs.

  • Provide a clear description of what you're offering and why it's worth paying for: For example, "We'll send you a weekly email newsletter with tips on how to save money on groceries."
  • Make sure your price is reasonable: If someone can get similar services elsewhere at a lower cost or with more benefits, then that person won't want your product or service either!

Make sure customers understand exactly what they're buying, how long it lasts and what will happen if they don't pay for another month/year.

Make sure customers understand exactly what they're buying, how long it lasts and what will happen if they don't pay for another month/year.

For example: "This is a one-time payment for $15.00 USD per month. This subscription will continue until you cancel."

Subscription payment processing is a great way to increase revenue and make sales

Subscription payment processing is a great way to increase revenue and make sales. However, it's important to have a plan in place so that you can manage your subscription payments effectively. Here are some of the best ways to implement subscription payment processing:


If you're considering implementing subscription payment processing, we hope this article has given you some insight into how to do it. We also want to encourage you not to be afraid of making mistakes or trying something new--that's how we learn! The most important thing is that if something doesn't work out as planned (or even if it does), don't give up on your idea just because there was an unforeseen challenge along the way: instead look at what went wrong and use those lessons as fuel for improvement in future projects