Subscription Billing

Posts about:

payment processing (4)

EU VAT Validation

VAT Validation

Businesses selling goods and services to European customers needs to collect VAT (value-added tax), even if their business is not established in Europe. As all European countries have different VAT rules and rates, staying compliant can be challenging. The European Commission has made an effort to simplify VAT collection and payment, but this hasn’t entirely spared businesses of VAT complexities. For example, if your business sells to another business in the EU (rather than to a customer directly), you may not be required to collect VAT—depending on where both businesses are based. And for all sales where VAT is collected, the government requires you to collect additional data to confirm the address of your customer.  
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Stripe Partner MYFUNDBOX

What is MYFUNDBOX? 

MYFUNDBOX is a Global Subscription Billing Platform where one can process, manage and accept subscription billing for SaaS Companies, Freelancers, Coaches and all type of businesses that need recurring payments. With flexibility to create custom billing cycles and configurable customer preferred payment methods customer conversion increases substantially.

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Online Coaches and Subscription Billing

I could seldom imagine myself  accepting the fact that education could be done online some twenty years ago. Now Iam still trying to accept the fact that my kids take music classes online. Learning how to play the piano online. Really? 

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G2 High Performer & Best Support for Winter 2022

We’re thrilled to share that MYFUNDBOX Subscription Billing has been named as High Performer in the G2 Winter 2022 Grid Reports. G2 is a leading peer-to-peer review site that provides unbiased user reviews on leading software solutions. Quarterly, G2 highlights the top-rated solutions in the industry, as chosen by customer reviews.    

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What should your Subscription Billing platform enable you to do?

Now that you have understood the trending shift towards recurring billing, in other words, I can say that businesses are adopting the subscription based model for  their success and for a win-win situation. Now It's time to explore what your recurring billing platform should enable you to do. 

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Recurring Billing ,Then and Now

Before diving in to what recurring billing means, I would like to hit the rewind button and take you back to those days  where this concept was handled differently. So when a merchant had  to collect money on a regular basis say it being monthly, quarterly, half yearly or yearly for the goods or services provided by him to his customers, he would have  to ring a doorbell with a ledger book, a receipt book and a bag to collect his money of course!! 

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