Manage subscription
Follow straightforward processes to effortlessly manage subscriptions
In the dynamic world of online business, managing subscriptions efficiently helps deliver a better customer experience and supports consistent revenue growth. Solidgate provides businesses with a set of features to manage subscription-based operations with control and precision.
These subscription management features empower you to enhance customer satisfaction, optimize revenue by managing subscription lifecycles, gain insights into customer behavior, follow best practices for
Glossary
An electronic payment where a merchant initiates a transaction on behalf of a customer without a direct involvement of the customer during each transaction.
merchant-initiated transactions,
and stay flexible to meet customers’ expectations.
The update subscription option lets you customize active subscriptions by managing trials, offering discounts, and switching products with a single subscription update. It provides flexible control while supporting revenue and customer retention.
The set of the retrieve subscription data methods allow businesses to gain insights into subscription information. You can use them for accessing the subscription product or customer details and tracking the subscription status.
The update subscription token feature allows merchants to maintain seamless payment processing and prevent subscription interruptions. The prompt update of
Glossary
A unique identifier for enhanced security that replaces the cardholder’s sensitive data. payment tokens ensures a convenient change of payment details and a smooth subscription experience.
A unique identifier for enhanced security that replaces the cardholder’s sensitive data. payment tokens ensures a convenient change of payment details and a smooth subscription experience.
The pause subscription option allows businesses to manage subscription lifecycles effectively by pausing and resuming subscriptions. Moreover, they can handle customer expectations with finesse when meeting their requests to keep subscriptions paused for a defined period.
The cancel subscription option allows businesses to address subscription cancellations with more control.
You can choose between immediate cancellation or cancellation at the end of the billing period to provide flexibility and enhance the customer experience.
The restore subscription option lets businesses to restore cancelled subscriptions and ensure customers can seamlessly return to the services they value.
Moreover, they can combine subscription restoration with a payment discount in one step.
Solidgate's revenue recovery solution supports smart and data-driven retries or predefined retry strategies for failed recurring payments. Businesses can choose the best suitable approach to optimize recovery and reduce churn.
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