www.modernbill.com / Merchant Accounts
 
 
 

Top Eleven Reasons to have a ModernAuthorize account.

Recurring Billing

ModernAuthorize lets you bill the way you want. For services such as webhosting and domain registration, there has to be a method to bill your customers in a recurring fashion. ModernAuthorize, used in conjunction with Modernbill, will permit you to set up your recurring billing in any method you choose. All of the third-party gateways supported by Modernbill have a service that is generically refered to as "subscription billing." Subcription billing essentially calls upon the customer to pre-authorize the future payment of a sum certain. This is far different than recurring billing as you can only charge the agreed upon price. This problem will be more fully discussed in Price Changes.

The larger problem with subscription billing is that your customers can cancel it without your knowledge or permission and still take your valuable services from you. There is nothing to protect the vendor from impulsive cancellations. Most vendors would prefer the oppurtunity to rehabilate a wayward customer and to solve the customer's problem rather than let them go. With subscription billing, you lose this control.

Finally, if you are using Modernbill with 2checkout, this integration will not be satisfying. 2checkout does not support return urls for subscription billing which is neccessary for Modernbill to be in sync with those accounts. There are no billing systems that provide true recurring billing for 2checkout as it is not possible.

< PREVIOUS    NEXT >
 
 

Country USA: Overview | Plans | How It Works | Comparison Calculator | Reseller Program | Apply Now

© 1999 - 2010 ModernGigabyte, LLC
Design by: ModernGigabyte, LLC.
[ home | feedback | site map ]
Merchant Accounts