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Reserve Bank of India auto debit rule – a mandated trouble for banks, how can they get around it?

Forrester eCommerce

In India, the subscription business with recurring payments was gaining traction due to its all-in-one bundle offering – Convenience, Choice, and Consent – until a major change in the Auto Debit option took effect on October 1, when the Reserve Bank of India issued a framework for how businesses and banks must handle recurring credit […]. (..)

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The Best Subscription Billing Software in 2022

Ecommerce Platforms

The best subscription billing software can make life running your own business a lot easier. With the right technology, it’s easy to collect cash on monthly subscriptions, without having to chase after your target audience with endless manual invoices and reminders. That’s where the power of subscription billing software comes in.

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An In-Depth Guide to Subscription Billing Platforms (+ 5 Options)

FastSpring

Most subscription billing platforms let you: Automate invoicing and payments. Customize and manage one or more subscription and trial models. However, the vast majority of companies doing subscription billing will also need a solution for other aspects of subscription billing management including: Payment processing.

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Qonto Review (Feb 2022): Forward-Thinking Banking

Ecommerce Platforms

In this Qonto review, we’re going to be introducing one of the latest banking tools to hit the market, designed to support modern businesses. If you’re looking for a flexible and transparent banking solution, this challenger from France could be ideal. Let’s take a closer look at how Qonto can help you optimize your expenses.

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3 Reward Program Examples for Subscription Boxes

Smile.io

Subscription-based companies have earned a spot in taking ecommerce companies further and truly becoming direct-to-consumer brands. million active subscribers and discovered that the average subscription customer held over 4 total subscriptions—a 14% increase since 2021.

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FTC’s ‘Click-to-Cancel’ Proposal: A Step Forward for the Negative Option Model

Retail TouchPoints

Under this model, a customer signs up for a subscription service, typically as part of a free trial offer. As per a fact sheet recently published by the FTC , the proposed rule change takes things a step further by mandating the subscription cancellation process be as simple as the sign-up process.

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How New Rules Will Impact Recurring Transactions in India

FastSpring

If you’ve noticed a drop in subscription credit card approval rates for customers located in India, you’re not alone. The Reserve Bank of India issued new guidelines for subscription purchases earlier this year — and the new rules came into effect a few days ago, on October 1, 2021. Book a demo or create an account today !