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The subscription economy is emerging to transform how businesses operate, particularly for online selling and SaaS companies. It taps on the basis of creating a business that is automated, time-efficient, and lays a foundation for a long-lasting relationship between owners and buyers. Needless to say, the recurring payment system is at the core of the subscription business. If you are looking to switch to this dynamic business model, here is your guide. But first, let’s go through the perks of the recurring payment system. The Benefits of a Recurring Payment System Before diving into the details, let’s quickly define what is a recurring payment system. The recurring payment is the payment method where users subscribe to use a product or a service for a period of time and pay on a periodical basis. Recurring payments can benefit both your business and your customers in many ways. Here is how: Reduce late payments Once the recurring payment is set up, the whole process of transferring mo

The global pandemic has made a wide impact on the way people go shopping. Most brick-and-mortar businesses are closed or turn to online business platforms to survive in this challenge. Specifically, according to eCommerce statistics in the EU, around 80% of people make their purchases online. This, as a result, raises a common question among newcomers in this market: What is the best payment gateway for small business at this time? Surely, when you are reading this article, you are finding a more suitable payment system for your own. The top 5 best payment gateway for small business are found based on many characteristics in order to support many merchants with small-scale businesses around the world in their payment process. What is The Best Payment Gateway For Small Business? Should small businesses use payment gateways? This question always shows up whenever a new, young business with a small budget starts encountering payment issues. Technically speaking, if your business is relati

Are you looking for the best payment gateway in India with a secure and easy integration option with your Magento 2 stores to enhance customers’ shopping experience? If that’s the case it may be tricky for you because there are so many options available to choose from. In this article, we will introduce to you a complete guide to help you find the best payment gateway in India. We all know that due to the pandemic, the growth of online payment has been more considerable than ever. With a population of more than 1.3 billion people to serve, there will be tremendous opportunities for you to thrive your business with an online payment system. According to Statista, Indian online payments are estimated to see a growth of more than 20% CAGR between 2019 and 2023. It is expected to reach 660 million online payment users by the end of 2023. Today in this article, we will compile the list of the best payment gateway in India that can help your eCommerce business become more successful in 2021.