A continuity subscription merchant collects payments for goods or services every month. Physical products like monthly magazine issues, subscription boxes, and health supplements may be part of the subscription company. Intangible products like membership accounts that grant users access to premium software and content are also included. Antivirus software and Netflix subscriptions are two instances of intangible products.
Payment processors are wary of the recurring billing model since it frequently results in higher chargeback ratios.
Chargebacks and disputes may arise from customers who need to recall their subscriptions or are dissatisfied with the service.
Because of the possibility of fraud or non-delivery, high-value subscription services can increase the risk for payment processors.
Our experienced staff is always ready to help, guaranteeing a seamless and dependable processing of Continuity Subscription payments.
Managing merchant accounts with high risk can be simple. With a reliable partner like Thrifty Payments, you can concentrate on expanding your continuity subscription business and providing value to your clients.
Thrifty Payments is a pioneer in high-risk merchant account solutions because of its dedication to reasonable pricing, efficient chargeback mitigation, and knowledgeable support. However, its persistent commitment to its clients' success sets it apart. Continuity subscription merchants use the subscription model to get clients to sign up by providing a free trial. After the trial ends, the customer will continue being charged until they cancel their membership. People frequently overlook that their credit card will have already been charged for the following cycle after the free trial has ended.
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