Gerald Edelman
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Recurring Payments
If you’re a Netflix or Amazon Prime subscriber, you already know what repeat payments are. With Blink Payment as your recurring billing platform, you can set up regular, customer-authorised bills or subscription payments in no time.
Predictable
Repeat payments help your business create reliable revenue streams.
Fluid
Payments either occur on the same day or the nearest working day.
Convenient
Your customers are happy because they don’t have to worry about missing payments.
Automated
Requiring less admin, repeat payments practically take care of themselves.
Strategic
You can estimate cash flow better, aiding your business strategy.
Easy to set up
It only takes a few minutes to arrange the scheduled, recurring payments.
Super-efficient
When using Blink Payment as your recurring billing platform, customers are automatically charged via their preferred payment method on a regular basis, so repeat payments are stress free to manage.
Neither you or your customer needs to manually process a payment whenever it’s due — so everyone saves valuable time. The risk of missed bill or subscription plan settlement is also reduced.
Flexibility
Repeat or recurring payments allow for flexibility. You can create a fixed schedule, where a set amount is taken for ‘x’ amount of cycles (£5 for four weeks, for example). Or you can have a variable schedule, where different amounts are scheduled for specific dates (such as £5 on 6 January and £10 on 12 January).
Customer retention
Making the payment process more convenient by using repeat payments can quickly transform satisfied customers into regular customers. Increased customer retention is definitely on the cards as customers are less likely to cancel their subscription payments or service if they’ve already agreed to recurring payments.
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