Helcim's Recurring Payments tool helps small and medium-sized businesses like yours automate billing, customize subscription plans, and ultimately, grow your revenue.
In this article, we'll take a closer look at Helcim Recurring Payments and explore how it can simplify your billing process and create predictable income streams.
In this article
Why did we make Helcim Recurring Payments?
We made Helcim's Recurring Payments to allow businesses to automate their billing process. This can be especially useful for businesses that offer ongoing services, memberships, payment plans, or subscriptions.
Who are Recurring Payments for?
Any business with a Helcim account can use Recurring Payments. However, it's particularly helpful for those that want to bill customers on a regular schedule. Here are some examples:
Subscription services: Businesses that offer recurring products or services (e.g., software, subscription boxes).
Membership programs: Organizations that charge regular membership fees (e.g., gyms, clubs).
Payment plans: Businesses that allow customers to pay for products or services in installments.
Recurring services: Companies that provide regular services (e.g., cleaning, maintenance).
By using Helcim Recurring Payments, businesses can offer customers a convenient payment option while also increasing the predictability of their income.
What are its features and benefits?
Helcim Recurring Payments includes a variety of tools to manage recurring billing:
Customizable billing cycles: Set up payment schedules to match your business needs (e.g., daily, weekly, monthly, yearly).
Automated payment processing: Automatically charge customers' credit cards or ACH (bank accounts).
Payment recovery: The system automatically retries failed payments.
Add-ons and one-time charges: Include additional products or services in subscriptions or charge setup fees.
Payment links: Allow customers to sign up for subscriptions online.
Subscriber management: Manage and update customer subscription details.
Installment payments: Set up payment schedules for long-term services or high-value items.
Free trial periods: Offer trial subscriptions to potential customers.
Unlimited subscribers: Manage as many subscriptions as you need.
How much does it cost?
Helcim's pricing for Recurring Payments is transparent.
There are no monthly fees or hidden charges
You only pay a transaction fee of +0.40% on top of your standard Helcim online processing rates.
There are also no limits to the amount of subscribers you can have.
How do I get started with Recurring Payments?
To start using Helcim Recurring Payments:
Log in to your Helcim account.
Go to All Tools > Recurring.
You can now create your first recurring payment plan.
| For step-by-step instructions, visit our next article: Create a recurring payment plan with Helcim. |
FAQ
Is there a limit to the number of subscribers I can have?
No, Helcim Recurring Payments allows you to manage unlimited subscribers.
What payment methods are supported for recurring billing?
You can accept both credit card and ACH (bank account) payments.
What happens if a customer's payment fails
You can configure your Recurring settings to automatically retry failed payments. To learn more about this, visit our article on failed recurring payments.