Best Payment Processor for Recurring Revenue
What’s the best payment processor for marketing companies, and how should you use it? Learn all about billing clients.
So Julian asked, what’s the best payment processor to use for recurring payments?
So I want to touch a little bit on the processor, which I recommend stripe using for recurring payments because stripe access that the payment tack has sort of subscriptions, right? So if you’re selling somebody Facebook ads, it’s a Facebook ad subscription. Right now what you want to do is you want to focus on your actual subscription date. So what most people do is they actually, this is what we do, we build the customer on the date that they signed up for services, right? So the customers sign up for services on the 13th of the month. They would get billed on the day that they signed up and then on the 13th of the following month they would get billed their second payment on the 13th of the following month. Again, they will get billed for the third payment and obviously so on and so on. Do not wait until the first of the month to go out and bill, your client is just going to apply a bunch of dead space and you don’t want to have to deal with that, right? So build a clients the day that they signed up for services and create that subscription 30 days later or the same day of the month on the following month is really what you should be doing. So hopefully that helps.