Subscription Billing
Use Subscriptions to Generate Recurring Revenue for Your Business with eCommerce, Integrations, Payment Requests or via API.
Netcash
Maximise Revenue with Subscription Billing
Collect More Payments, Retain More Customers
Netcash’s Subscription Billing service lets you bill and manage customers on a recurring basis. Get started by sharing a payment request – no code required – or run fully customisable billing through your accounting or invoicing software.
No matter where you sell, all payments are automatically settled into your Netcash account, making reconciliation simple.
How Subscription Billing works
-
1.
At checkout, customers will be prompted to complete the subscription payment details manually, or, the shopping cart can be pre-populated with the available subscription options based on the item selected i.e. frequency, duration, and amount.
-
2.
Subscription parameters include:
- Duration – days, weeks, months, or years.
- Frequency – daily, weekly, monthly, annually
- Start date
- Amount
-
3.
Customers enter their card details in our PCI compliant environment.
-
4.
Card details are encrypted, tokenised and the initial 3D Secure transaction is completed.
-
5.
The tokenised card details are automatically billed by Netcash when payments are due and proceeds credited to your Netcash account.
A Complete Billing Solution
Start accepting recurring payments in no time. Use the Netcash billing management service to create and maintain subscriptions with your customers, using powerful integrations with accounting and billing software. This takes subscriptions to the next level, giving you full control over amounts, frequency, duration, and even payment method.
With billing integrations, you can offer your clients any payment method on the Netcash Payment Gateway, not just card, to complete a subscription payment.
Power Your Online Business with Card Subscriptions
Whether you’re just starting out or have an established eCommerce presence, you can sell subscriptions anywhere online. Ready to test a new product? Simply share a payment request – no code required – via SMS, Email, WhatsApp or even QR code to jump start sales. Or use our WooCommerce and API integrations to build subscriptions into your online store.
Benefits of Subscription Billing
-
Improve Customer Retention
With automated billing, clients don’t need to be reminded to pay, improving retention and reducing admin.
-
Flexibility
Offer customers the flexibility of multiple payment plans for various products or services, and the ability to update their subscription at any time via WooCommerce or your customer portal.
-
Payments API
You are able to update, cancel and view subscription details – this is available through the recurring payments API or directly on your online Netcash account.
-
Security
Cards are tokenised in a 3D secure and PCI-compliant payment gateway, mitigating the risk of fraud for both you and your customers.
FAQs
How do subscriptions work?
Subscriptions run as recurring transaction, typically via credit or debit card, using secure card tokenisation. Once the customer enters their card details and authorises the transaction, their details are saved as an encrypted token by Netcash. Now, when they next make a purchase, they can simply select the same masked card to pay with, making checkout a breeze. Tokenisation ensures all transactions remain PCI compliant, while simplifying the payments process for both you and your customers.
Can I run subscriptions on my website?
Yes, through the Netcash Payments API or our existing integration with WooCommerce, you can sell subscriptions online.
Do customers need to have a credit card to pay for subscriptions?
Typically, subscriptions are run on credit or debit cards via 3D secure card tokenisation. However, when using our billing service, you are able to present a variety of payment options to your clients through the Netcash Payment Gateway.
How can I manage client subscriptions?
You can manage subscriptions in your Netcash account, your existing accounting or billing software, or through the eCommerce platform you’re integrated with. This will depend on the management functionality each platform offers.
Are subscriptions secure?
Yes. All card payments are encrypted and tokenised in a 3D secure and PCI compliant Payment Gateway, and stored securely. All payments made through Netcash are completely secure.
Can I edit a client’s subscription?
Yes, you can edit or cancel an individual client’s subscription in your Netcash account, integrated software, or in WooCommerce, depending on the functionality available.