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UniPayGateway

December 17, 2013
Written by
James Davis
Written by James Davis
Senior Technical Writer at United Thinkers

Author of the Paylosophy blog, a veteran writer, and a stock analyst with extensive knowledge and experience in the financial services industry that allows me to cover the latest payment industry news, developments, and insights.

My works have been cited across media and payment blogs. I do my best to help businesses make the most efficient financial decisions that can positively and significantly improve their business growth.

Whether you are a seasoned investor or just starting out in the world of payments, my writing is designed to be accessible to everyone and help people navigate the complex world of payments. So if you want to stay up-to-date on the latest trends and insights in the payment industry, be sure to check out Paylosophy and my published works.

Reviewed by
Kathrine Pensatori
Product Specialist at United Thinkers

Product specialist with more than 10 years of experience in the Payment Processing Industry. I help payment facilitators and PSPs solve their various payment processing issues. On a regular basis, I work with a team of knowledgeable technical people in the space, and I am passionate about finding creative solutions to the challenges presented by the Payments Industry.

I would be happy to help with any questions you might have regarding credit card payment processing, merchant services, EMV certifications, the various ways of becoming a payment facilitator or a payment platform, as well as any other Payment Industry related issues you might be struggling with. Feel free to follow me on Quora, and don’t hesitate to send me links to the specific Quora questions you would like me to answer.

Introduction to Recurring Billing

In today’s merchant services industry more and more businesses are dealing with recurring billing. The concept of recurring billing goes far beyond charging a certain amount at fixed time intervals. Subscription-based businesses need to keep in mind multiple recurring billing-related issues and features. Such aspects as availability of various recurring billing features in payment systems, support for specific payment schedules and plans, different account balancing methodologies, as well as selection of the right collections mechanisms can make recurring billing easy for some merchants and extremely complex for others.

Support Various Recurring Billing

Depending on the ability of payment gateway and payment processing software to support various recurring billing-related payment solutions, such as online invoicing, support of multiple payment plans or methods under the same account, payment processing systems become more attractive in the eyes of merchants, payment service providers and other actors of merchant services industry.

Now when recurring billing principle is described, it is appropriate to move on to specific features of open source billing software and recurring billing types. A mini-series of articles on recurring billing is a resource designed to familiarize you with various recurring billing aspects and features to be taken into consideration if your business is growing and facing new recurring billing-related challenges. The mini-series provide loads of useful information on payment solutions to be supported by credit card payment processing systems your business might want to partner with. Based on this information your will be able to select the best payment solution that will make recurring billing as smooth as possible for your company.

Visit Paylosophy blog to find the mini-series of articles speaking about the most important recurring billing-related features to be considered by a business while choosing a payment system to partner with.

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