Supercharging Apple Pay Recurring Payments with SubscriptionFlow
Allow customers to pay for their subscription via Apple Pay. Unlock a whole new level of convenience, efficiency, and automation in recurring payments.
Why Use SubscriptionFlow and Apple Pay for Recurring Payments
Offer Apple Pay as a payment option to users. Users subscribe, and pay using the digital wallet. SubscriptionFlow saves users’ tokenized payment information. It uses these tokens to automatically process subscription payments in the future.
Accepting Apple Pay recurring payments with SubscriptionFlow offers:
- Automated Subscription Management System
- Sophisticated and Secure Recurring Payments
- Advanced Interface with Customizable Dashboards
- Automated Self-service Portals
- Customizable Checkout Pages with White labelling Options
- Integration with Third-party Apps Using Single-Sign-On
- Flexible Payment Models
- Faster Sign Ups
- Secure Payments
- Smart Dunning
- Multiple Currencies
- Subscription Management
Apple Pay MPANs for Flexible Recurring Payments
Apple Pay merchant tokens (MPANs) allow you to charge customers varying amounts based on their consumption levels. You can also change their payment frequency. SubscriptionFlow offers usage-based billing models that pair perfectly with this function. You get to:
- Charge users for only what they use
- Measure and record usage in real-time based on different usage metrics
- Include a detailed breakdown of usage and charges in invoices
Higher Customer Conversion and Retention
Your customers don’t need to type in their card details when they sign up. Apple Pay establishes a seamless and secure connection between them and SubscriptionFlow. This allows for higher conversion rate due to convenient sign-up processes.
After sign-up, SubscriptionFlow automates customers’ billing cycles. They are not required to enter payment details repeatedly. So even if customers forget to pay, their payment is collected automatically. This minimizes manual effort, and boosts retention.
Secure Payments Via Tokenization
Apple Pay does not allow merchants to access customers’ actual card details. Instead, it converts these details into tokens that cannot be deciphered by unauthorized parties.
SubscriptionFlow saves payment data in its tokenized form, and then uses it for auto-processing payments. This makes recurring payments highly secure.
Automatic Payment Retries
Don’t let payment failures make you lose hard-earned revenue. SubscriptionFlow offers automated payment retries that follow an intelligent schedule. The system repeatedly attempts to fetch payments from the customers’ Apple Pay wallets. This to retrieve funds the moment they land the wallet.
Invoicing in Multiple Currencies
Apple Pay offers support for a number of currencies. This makes it an ideal payment option for businesses dealing with international customers. Apple Pay automatically adjusts each customer’s currency according to their region, adding more convenience.
SubscriptionFlow takes this support to the next level by allowing you to invoice in customers’ local currencies. This adds more clarity to your subscribers’ payment experience.
Automatic Adjustment for Subscription Changes
Your customers can make changes to their subscription plans. For example, switching to a different plan, or cancelling altogether. In such events, SubscriptionFlow:
- Prorates customers' charges automatically
- Issues precise refunds where necessary
- Adjusts customers' billing dates accordingly
- Assigns new charges to be deducted on the following billing cycles
Make Recurring Payments Fast and Effortless
Accept Apple Pay recurring payments with SubscriptionFlow, and get a bundle of benefits. This partnership bridges convenience and recurring billing, upgrading your customers’ subscription experience.
Payment Notifications
Apple Pay notifies customers of their payments in real-time, increasing transparency.
Compatible Payment Gateways
SubscriptionFlow connects you to a number of payment gateways that support Apple Pay: PayPal, Stripe, Braintree, and more. Use any to receive payments.
Mobile Friendly Payments
Customers can easily use any of their iOS devices, such as iPhones to pay using Apple Pay. This means they can make payments on the go. You can also use SubscriptionFlow hosted checkouts and enable Apple Pay as an option there to collect seamless payments.
Other Payment Methods
You can offer more than one payment method to attract customers with varying preferences. Apple Pay does not work in all regions. Easily utilize other payment options in such cases.
Remain PCI DSS Compliant
Apple Pay converts customer payment information into tokens. SubscriptionFlow integrates with Apple Pay supported gateways that keep such tokens in storage. It uses these stored tokens to collect future subscription payments. This process adheres to PCI DSS rules, as it does not compromise customer data security.
Scale Globally
Apple Pay is a highly popular payment method that is available in 90 countries. It has been adopted by over 640 million customers globally, and as a result, it is one of the go-to payment options for customers. With SubscriptionFlow, using Apple Pay prepares you for international expansion since you can receive recurring payments from across the world.
Frequently Asked Questions
Although the payment gateway provider does offer subscription billing option, you can integrate it with SubscriptionFlow and automate the entire process without having to go through the hassle of setting it all up.
The quick and easy way to sync all your data in one dashboard is to have Authorize.Net integrated with SubscriptionFlow. Not only will this streamline and synchronize your subscription databases but it will also automate recurring billing and invoicing operations as well.
Unless you’ve integrated Authorize.net with SubscriptionFlow, you’ll have to engage in a long process of manual calculations every time a new subscriber joins in the middle of the billing period.