Increase payment assurance with your customers by enabling the storing for multiple payment methods for an account.
The subscriber wallet provides payment flexibility by allowing subscribers to assign subscriptions to different payment methods or specific one-time transactions.
Funding sources for subscriber transactions can include credit or debit cards, bank accounts, or alternative payment methods like Amazon Pay, PayPal, Apple Pay, and others.
Assign specific billing information to each account subscription, and then assign another payment method to one-time purchases or for use as a backup method.
Allow subscribers to pay how they want—a single time or over time—by enabling them to assign different payment methods to each account, to each subscription on an account, or as a backup payment should the primary payment fail.
Accounts can be assigned one default and up to 20 additional payment methods. Another payment method can be updated to primary whenever needed.
Allow customers to use different billing info based on the preferred payment method. If the primary billing info changes, the subscription will continue to use the specified information.
Invoices created via API will use the billing information included in the request. If no billing information is provided, the primary billing information on the account is used.
Option to set the subscription for manual collection method, but all assigned billing information will be cleared from the subscription.
Anything related to our revenue is obviously very significant. So, our ability to ensure that our payment processing works smoothly and is effective was critical. This is the most important benefit Recurly gives us.
Maayan Kotler— Vice President of Marketing
Tailor Brands
The subscriber wallet creates payment flexibility for your customers by allowing subscribers to assign subscriptions to different payment methods or for specific one time transactions.
Subscriber wallets add flexibility by allowing customers to select the desired payment method for a specific transaction.
Customers may enter multiple payment method data for their account (i.e., both a credit card and ACH). One payment method is designated as primary. Then the customers assigns a payment method to each subscription and to one-time purchases. Recurly uses the assigned payment method when processing transactions. If a payment method is not assigned, the primary payment method is used.
Customers may establish one payment method for recurring billing and use another for one-time purchases, for example. The subscriber wallet allows them to designate multiple payment methods for their account.