Merchant Accounts For Membership & Recurring Billing
Membership & Recurring Billing Credit Card Processing
Why We Proudly Accept Recurring Billing Business As Merchants (Even When Many Processors Don’t)
Many credit card processors do not accept businesses with a membership or recurring billing model, for several reasons.
- The first, is that recurring billing, as a category, incurs higher rates of chargebacks. While there are steps to minimize the incidence, some percentage of customers will always forget that they have authorized the recurring charge and dispute it months down the road.
- Second, some membership sites have used deceptive language or hidden charges in an attempt to dupe customers, which has given the entire billing method a bad name.
- And finally, often startups selling on a recurring billing model will struggle to ship their products or have widespread customer dissatisfaction, leading to a rush of chargebacks which can overwhelm the startup.
For these three reasons, many credit card processors simply decline to work with businesses on a membership or recurring billing business model.
Soar Payments, by contrast, has been proud to serve businesses with membership or recurring billing since our company’s inception. Our extensive relationships with credit card processors and sponsor banks who specialize in underwriting businesses perceived as “high risk” enables us to confidently support these businesses (including businesses that primarily operate online, and which have a recurring billing model). Moreover, our fully integrated chargeback and fraud prevention solutions, uniquely position Soar Payments to help protect our merchants from some of the inevitable risks endemic to this type of billing model.
NOTE: To be approved by Soar Payments, a recurring billing or subscription-based business must meet the following criteria: must not offer a 7 day or 14 day free trial (unless specifically approved by underwriting); must not offer “free plus shipping fee” deals bundled in with a free trial; maximum recurring billing contract length must be 12 or fewer months; must be able to supply reseller agreements. Please call for details.
Membership Plugin & Software Integrations
Enjoy Seamless Integration With Leading Membership Plugin & Software Suites:
Soar Payments membership & recurring billing merchant accounts, either directly or via a payment gateway, are compatible and integrate with the following plugins and software platforms frequently used by businesses in the industry:
Membership plugins including Memberpress, aMemberPro, S2Member, LearnDash, and Restrict Content Pro, as well as marketing automation platforms including ClickFunnels, InfusionSoft, and OntraPort.
We’re Also Compatible With Many Other CRM & Software Suites.
Soar Payment’s membership & recurring merchant accounts can be also integrated with most other software or CRM platforms which are compatible with the Authorize.net, NMI, or USAePay payment gateways. Don’t see your preferred software? For questions about how to integrate your preferred membership plugin or software, contact our sales team.
Frequently Asked Questions
Here are common questions specific to membership and recurring billing merchant accounts:
Is Soar Payments compatible with my existing membership plugin or software platform?
Membership or recurring-billing based businesses typically have a preferred membership plugin or platform they use. Because Soar Payments works with most major payment gateways (including Authorize.net, USAePay and NMI), our merchant accounts integrate with most popular membership plugins and software platforms, including plugins such as Memberpress, aMemberPro, S2Member, LearnDash, and Restrict Content Pro, as well as marketing automation platforms such as ClickFunnels, InfusionSoft, and OntraPort.
What criteria does my subscription or recurring billing-based business need to meet, to be approved for a merchant account by Soar Payments?
To be approved, subscription or recurring billing-based businesses must meet the the following criteria: must not offer a 7 day or 14 day free trial (unless specifically approved by underwriting); must not offer “free plus shipping fee” deals bundled in with a free trial; maximum recurring billing contract length must be 12 or fewer months; must be able to supply reseller agreements.
Want more information? Click here to read our extended list of our FAQ.
Our friendly Customer Support Team is standing by to approve your application
Questions? (888) 225-9405
Accept Retail, Mobile, Virtual Terminal or eCommerce Payments
Retail businesses can choose from a traditional credit card terminal, wireless, or point of sale system. Whatever you choose, our retail merchant accounts will have you accepting credit and debit cards faster, and for less.
Want “on the go” mid or high risk credit card processing? Our mobile pay options are for you. Choose between iPad or mobile phone credit card swipers, compatible with both iPhone and Android devices.
Virtual Terminal Payments
Accepting payments over the phone, mail or typed in on your laptop is easy with our virtual terminal merchant accounts. No equipment needed. Just log in to your virtual terminal, and type in the customer’s credit card.
Selling online? Our easy to use payment gateways are compatible with, and simply plug in to most major shopping carts. Our mid and high risk merchant accounts are streamlined for eCommerce businesses.
Subscription-Based Businesses and Payments with Nick Fredrick
Subscription-based businesses are compelling from an ownership standpoint due to the recurring revenue they facilitate. But getting recurring billing right isn't always easy. It requires quality technology and a responsive team to manage chargebacks, services, and more.
On this episode, we explore subscription-based businesses with the help of our guest Nick Fredrick, who is the president of Rebar Technology. Rebar was created to help companies needing support with subscription technology and operations.
Our podcast explores the fast-changing world of payments and fintech through interviews with thought leaders around the world. From credit card processing to bitcoin, and digital banks to finance software… we cover it all!