Accept Recurring Payments

Set up your customers with subscription payments, and keep all your card data automatically current with account updater

A recurring payment, also known as a subscription payment, recurring billing, or automated payment, is an electronically processed transaction that repeats at predefined intervals. Support setting your customers up for either recurring, installment or subscription payments by creating a plan and then assigning a customer to that plan. Support both credit card and ACH payments. On the selected billing dates, we will automatically charge your customers and let you know the results of the transactions. Qualpay Recurring Billing is paired with a Qualpay merchant account, and is available out-of-the-box via Qualpay Manager to setup and manage or alternatively via an API.

Qualpay is a PCI DSS (Payment Card Industry Data Security Standard) Level 1 service provider. That means you can be confident knowing that your business has the most up-to-date payment processing protection safeguards now available.

BENEFITS OF RECURRING PAYMENT PROCESSING

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Create and customize billing plans

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Create and customize billing plans

Create customized billing plans with flexible plan options including a trial period, proration calculations, setup fees and choose between installment and recurring options. Frequencies include: annually, bi-annually, quarterly, monthly and weekly.

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Create and store customer data

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Create and store customer data securely

Store billing and customer data in our C and then select either one unique plan per customer or one plan to many customers.

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Effectively manage payments

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Effectively manage payments

Respond to customer requests to pause and resume a subscription plan and let our recurring billing engine automatically retry recoverable failures and communicate either via email or webhook when subscriptions are on hold due to payment declines.

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Keeping the card data fresh

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Keeping the card data fresh

Help prevent payment declines by opting to use Account Updater to keep cardholder data fresh. The integrated service is provided by the card brands to keep securely stored credit card numbers and expiration dates up to date, reducing the need for you to manually update the card information by contacting your customer.

How To Set Up and Accept Recurring Payments

Accepting recurring payments for your business can streamline your cash flow and provide predictable income. Recurring payments for products such as subscriptions also provides convenience to your customers by eliminating the need for manual renewal processes, ensuring uninterrupted access to services or content they value without the hassle of remembering to renew their subscription each time it expires.

When you choose Qualpay as your payment processor, you can offer your customers the choice of recurring, installment or subscription payments. Additional payment options include plans with a Trial Period, Setup Fee, and Prorated Billing options.

Here is how recurring payment processing works:

● Create recurring payments by using a plan or a one-time off-plan detailing how much to bill a customer through the Qualpay Recurring Billing API.

● Then apply a plan to a customer stored in the Customer Vault to create a subscription. Customers can be stored directly in the Customer Vault via API or as part of a one-time payment transaction.

● On billing dates, we will automatically charge your customers and let you know the results of the transactions.

Ready to streamline your payment processes and offer your customers seamless recurring payment options? With Qualpay, you can effortlessly set up recurring, installment, or subscription payments for your customers. Take the next step towards optimizing your recurring payment workflows. Learn more in our Recurring Billing Guide, or contact us to get started.