Subscription Billing

 THE MAJESTIC METHOD OF CROSS-BORDER TRANSACTION:  

How do you know if a song is a hit?  

• Who churns? 
• Why should I know about it? 
• Why is it important? 
• What is Churn actually? 

Curious to know ? Click previous blog for your answers. 

Since 2021, MYFUNDBOX a bootstrapped Start-up, has been offering a Subscription Billing Platform for all business that rely on recurring payments and Subscriptions. 

Are you looking for a way to keep track of your customers and their subscriptions? Then you need a subscription management system. Read on to learn about the benefits of using one!

Does your checkout need a checkup? For nearly all ecommerce businesses, the answer is an emphatic yes, according to MYFUNDBOX Subscription Billing’s global payments platform, Stripe. In a recent study that surveyed leading B2B and B2C ecommerce sites and customers, Stripe discovered that 96% of sites in North America, as well as 95% in Asia-Pacific and 94% in Europe, had at least five basic errors in their checkouts. The problem not only spans regions, but also organizations of all sizes, from startups to large, established ecommerce sites with teams focused on increasing conversions.

As more and more enterprise businesses move toward a SaaS or recurring service model, they need a billing solution that can manage recurring invoices and payments. But that’s not all—they also need a solution that can save time and resources, reduce accounting and reporting errors, and handle compliance and tax across multiple markets as the business grows.

Operating on a subscription-based model is proven to help startups go to market faster and enjoy greater flexibility. For all smaller businesses, it’s also a way to acquire repeat customers, add new revenue streams, and grow market share. However, because recurring payments require a different approach to billing than one-time purchases, launching this type of business isn’t always as simple as deciding to do it.