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Common Questions
Is UniPay gateway an online billing solution that could handle my subscription billing?
Strictly speaking, UniPay gateway is recurring billing software package. It provides a web-based solution to manage customer accounts, handle payments and balances and it can fully automate your recurring billing process. It also provides variety of tools for debt recovery and collections. It supports different payment cycles (weekly, monthly, quarterly, annually) as well as pre-arranged payments and can perform automated reattempts based on predefine settings.
While UniPay gateway does offer all of these features essential for recurring billing, it is not an online billing solution. If, however, you deploy UniPay gateway in your existing hosting infrastructure, your company can become a provider of online billing services and offer comprehensive subscription billing to your customers.
While UniPay gateway does offer all of these features essential for recurring billing, it is not an online billing solution. If, however, you deploy UniPay gateway in your existing hosting infrastructure, your company can become a provider of online billing services and offer comprehensive subscription billing to your customers.
Can UniPay gateway handle recurring billing or subscription billing?
UniPay gateway does support recurring billing. When it comes to recurring billing (also known as subscription billing or recurring payment processing) there are two major paradigms, which we call committed billing and uncommitted billing.
An example of uncommitted recurring billing would be an on-line subscription, which carries no minimum time commitment and requires no special handling in case of delinquency (usually the service or subscription simply get discontinued).
An example of committed recurring billing would be a term gym membership or a cell phone contract. In both of these cases, if a payment is missed or an account becomes delinquent, a collections process is executed to reinstate the account and collect any past due. Simply deactivate the service is not an option.
UniPay supports both recurring billing paradigms and provides special integrated features for manual collections, as well as, automated debt recovery.
An example of uncommitted recurring billing would be an on-line subscription, which carries no minimum time commitment and requires no special handling in case of delinquency (usually the service or subscription simply get discontinued).
An example of committed recurring billing would be a term gym membership or a cell phone contract. In both of these cases, if a payment is missed or an account becomes delinquent, a collections process is executed to reinstate the account and collect any past due. Simply deactivate the service is not an option.
UniPay supports both recurring billing paradigms and provides special integrated features for manual collections, as well as, automated debt recovery.