Articles tagged with payments

[Worksheet] Calculate Credit Card Processing Fees

Before you sign up with a new merchant account provider or gateway, see how big a bite their credit card processing fees will take from your subscription revenues by using Insider's credit card fee worksheet . . . click here

[Comparison Chart] Payment Processors

This payment processors comparison chart gives extremely detailed information comparing 12 online payment processing solutions including L3 Payments and Net Billing. Find out everything from which types of payments are accepted to the level of customer service offered by the processing company. . . . click here

[Comparison Chart] Mobile Payment Processors

Interested in taking mobile payments for your subscription site? This mobile payment processors comparison chart gives extremely detailed information comparing six mobile payment solutions including iTelebill and PaymentPin. Find out if premium SMS and direct account billing are offered as well as fees and sign-up requirements. . . . click here

[Sample] Email to Trial Members Explaining Credit/Debit Card Authorization Holds -- Golf Odyssey
If you offer a free trial with credit card, you're probably going to run into the problem of authorization holds -- when banks "reserve" the funds needed to process your subscription payment at the end of a trial.

Authorization holds show up on card-holder's statement, and often lead to confusion and complaints about being "charged" for a free trial. However, they aren't charges. Here's an example of how to explain the issue to people who complain . . . click here

[Lessons] Results from Insider's Free Trial: 9 Insights about Promotions, Payment Processing, Onboarding & More

Discover nine lessons Insider's team learned when we offered our first-ever free trial. Yes, we share our conversion rate data, but even more important are the insights we gained about promoting a trial, handling credit-card issues, managing email lists, and developing onboarding campaigns.

Anyone offering their own free trials will benefit from lessons such as: Why a trial alone isn't enough of a marketing hook; How debit cards can wreak havoc on your trial; Why it's important use reminder emails and grace periods before charging cards . . . click here

[Sample] Credit Card Expiration Notice on Website -- Netflix
One of the best tools you can use to overcome expired credit cards is an on-site notification that asks subscribers to update their card on file if it's approaching its expiration date. Here's how Netflix does it . . . click here

[On-Demand] Lower Your Card Decline Rate: How to Fight Churn Caused by Bad Credit Cards

Your site is bleeding revenues due to credit card declines. This 90-minute presentation from processing guru Paul Larsen details the 7 biggest challenges in the credit card landscape -- such as expired and re-issued cards and the rise of pre-paid cads -- and offers specific tactics and best practices to recover those charges and retain more subscribers. . . . click here

[Overview] Online Credit Card Processing Primer: Video and Glossary

Wondering how your subscription credit card orders get processed and the funds transferred to your account? Insider's guide to the credit card processing ecosystem provides a quick video overview and a glossary of 17 important terms you'll encounter. Includes descriptions of different vendors and financial institutions you might use, details about important steps in the process, and tips on using key security features . . . click here

[Article Digest] PCI Council De-Lists Mobile Payment Applications While it Formulates Standards
Some mobile payment applications previously approved by the PCI Security Standards Council have been delisted by that group as it works out comprehesive guidelines for securing mobile payments according to PCI standards . . . click here

How to Handle Expired Credit Cards: 4 Steps to Recover 87% of Declines Cause by Stale Expiration Dates

Don't let expired cards cost you revenue. Follow this 4-step sequence to re-try expired cards and recover up to 87% of those payments . . . click here