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Uninterrupted Subscription Payments to Keep Your Revenue Flowing
We’re here to make it easy for you to manage subscriptions, invoices and recurring billing - helping you focus more on growing your business.
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Manage Subscriptions Throughout the Entire Lifecycle
Starting from the first order or trial - all the way through onboarding, upgrading, and renewal - our solution simplifies recurring billing processes and eases the administrative burden off your business to save you valuable time and money.
Combat Churn and Improve Customer Retention
Did you know that more than one out of every six card transactions fail? For any business that generates recurring revenue, implementing tactics to decrease and/or recover declined authorizations is a wise investment. Fight churn and recapture revenue with our comprehensive suite of revenue recovery, lead management and robust retention tools.
Revenue recovery tools
Do customers wish to cancel their subscriptions or are unable to make renewal payments? If so, our Revenue Recovery Tools, which are an essential part of the subscription billing platform, can come to the rescue and result in a revenue increase of up to 20%.
Revenue recovery tools
Do customers wish to cancel their subscriptions or are unable to make renewal payments? If so, our Revenue Recovery Tools, which are an essential part of the subscription billing platform, can come to the rescue and result in a revenue increase of up to 20%.
Global payments support for recurring billing
Providing multiple payment options during the acquisition phase is just the beginning. The real challenge is managing automatic renewals. With Verifone, you have access to comprehensive payment support for recurring billing on a global scale.
Global payments support for recurring billing
Providing multiple payment options during the acquisition phase is just the beginning. The real challenge is managing automatic renewals. With Verifone, you have access to comprehensive payment support for recurring billing on a global scale.
Advanced reporting
Adjust and optimize your tactics by accessing readily available reporting that includes key metrics such as monthly and annual recurring revenue, renewal and churn rates, number of active customers and subscriptions, and other critical data.
Advanced reporting
Adjust and optimize your tactics by accessing readily available reporting that includes key metrics such as monthly and annual recurring revenue, renewal and churn rates, number of active customers and subscriptions, and other critical data.
Ready to experience hassle-free recurring payments for your business?
Versatile API and Connectors
Verifone provides a comprehensive API and adaptable connectors that ensure a smooth integration layer. These functionalities enable you to efficiently handle various online purchase tasks, sell through diverse channels, integrate any business model seamlessly, exercise control over your branding elements, and effectively retain and serve customers using your preferred systems.
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Take control of every ordering detail API 6.0
Using our advanced APIs, connect the subscriptions shop to your own website or app. Manage subscription information, access payment data, resend invoices, handle product info by SKU and manage refunds and subscription invoicing with our APIs.
Learn more
<?php
$host = 'https://api.2checkout.com/rpc/6.0/';
$merchantCode = "666999";
$key = "%y~8|m]T84p[W4+O1]_?";
$string = strlen($merchantCode) . $merchantCode . strlen(gmdate('Y-m-d H:i:s')) . gmdate('Y-m-d H:i:s');
$hash = hash_hmac('md5', $string, $key);
$i = 1; // counter for api calls
// call login
$jsonRpcRequest = new stdClass();
$jsonRpcRequest->jsonrpc = '2.0';
$jsonRpcRequest->method = 'login';
$jsonRpcRequest->params = array($merchantCode, gmdate('Y-m-d H:i:s'), $hash);
$jsonRpcRequest->id = $i++;
$sessionID = callRPC($jsonRpcRequest, $host);
var_dump("session id:" . $sessionID);
// call api methods below
$SubscriptionRef = 'B7D8E72224';
$jsonRpcRequest = array (
'jsonrpc' => '2.0',
'method' => 'setRenewalPause',
'params' => array($sessionID, $SubscriptionRef, "2020-09-30 17:00:00", "vacation leave"),
'id' => $i++
);
Get a free expert consultation.
Find out how to easily manage subscriptions and customers, deal with invoices and recurring billing, and improve your revenue.
Frequently Asked Questions
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What is Subscription Billing?
A technology suite or platform that manages the ongoing billing and collection procedures, communication and customer administration for products offered through subscriptions.
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What is a subscription business model?
The subscription billing model is a business approach where customers are charged a recurring fee at regular intervals (usually monthly or annually) to obtain access to a product or service. This is facilitated through subscriptions that allow users to employ the offered service or product.
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What is customer churn?
Churn rate, referred to as customer attrition, customer turnover or customer defection, represents the decline in clients or customers that occurs when a customer chooses to discontinue purchasing a merchant's digital products or services, or cancels a subscription.
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What are revenue recovery tools?
Revenue recovery tools encompass various resources, services and functionalities used to address unsuccessful payment authorizations for recurring charges. Given that over 16% of card transactions fail due to multiple factors, it is highly beneficial for any business operating on recurring revenue to adopt approaches that minimize and recover declined authorizations.
More Features for Your Business Needs
Ready to sell subscriptions worldwide?
Get immediate access to different subscription management and billing capabilities, from simple recurring billing to advanced tools. Contact us and we'll find the right fit for your business needs.